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Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...
The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...
The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...
India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...
Maruti Suzuki India Chairman R C Bhargava said that GST on cars is currently 28 per cent, with a cess on larger cars pushing ...
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.
As part of the upcoming GST overhaul, the government plans to consolidate existing tax slabs into two primary rates, 5% and ...
India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers' panel has endorsed the new rate structure, state ...
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 ...
Prime Minister Modi faces tough negotiations with states over proposed GST changes, impacting government revenue and economic growth.