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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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GST rates: Services to have 4 slabs: Education, healthcare exempted

New Delhi: The GST (Goods and Services Tax) Council yesterday finalised tax rates for services. Education and healthcare have been exempted from the GST regime. The long-awaited GST has been hailed as…

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Published May 20, 2017 · 3 min read
gst rates: services to have 4

New Delhi: The GST (Goods and Services Tax) Council yesterday finalised tax rates for services. Education and healthcare have been exempted from the GST regime. The long-awaited GST has been hailed as India’s biggest tax overhaul since Independence in 1947.

“India has finalised four tax rates that will apply to services including telecoms, insurance, hotels and restaurants under a new sales tax which should be rolled out on July 1,” Finance Minister Arun Jaitley said.

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