New Delhi: Ahead of the beginning of GST rejig from Monday, the Finance Ministry issued another detailed explanation of the cut in tax rates on goods and services announced as part of the reforms, ...

July 2025 marks the eighth anniversary of 'One Nation, One Tax', which made India a unified, common market, with a single, destination-based, multi-stage tax on the supply of goods and services, right ...

Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...