Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...

The Indian government's proposed Goods and Services Tax (GST) restructuring plan could make air conditioners, cars, and ...

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

Act, 2025, introduces changes, including a new "track and trace" mechanism for certain goods, penalties for non-compliance, and amendments to input tax credit and appeal ...

As part of the upcoming GST overhaul, the government plans to consolidate existing tax slabs into two primary rates, 5% and ...

Impact of the rate rationalisation on the insurance industry depends on whether the rate cut is implemented with or without ...

GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc.

Indian benchmark shares jumped about 1% on Monday as the government's plans for sweeping changes to the goods and services ...

India Inc. welcomed Prime Minister Mr. Narendra Modi’s Goods and Services Tax (GST) reforms, calling the two-slab structure a Diwali gift set to revive capex, spur demand, and attract investment.

Government sources say a majority of the 12 percent slab items may move to 5 percent. The 40% GST rate on luxury and sin goods to parly offset losses.