GST 2.0, as proposed, aims to lower the effective weighted average GST rate to 9.5%, boosting consumption by ₹5.5 lakh crore.

Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight.

Sources said Prime Minister Modi keenly heard the inputs and emphasised that job creation and the expansion of small enterprises, especially MSMEs, will remain central to India’s economic strategy.

Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) ...

GST reforms are on the horizon. These reforms may bring a two-tier tax structure. Household goods may see lower tax rates. An ...