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

India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

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

India's equity benchmarks jumped more than 1% on Monday, after the government proposed sweeping changes to the complex goods ...

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

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

Indian Prime Minister Narendra Modi's government on Friday announced a plan to lower rates and simplify its goods and ...

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

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 ...

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.

Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the rubbish.