GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...

Presently, automobiles are taxed at 28 per cent, which is the highest GST slab. A compensation cess, ranging from 1 to 22 per cent, is levied on top of this rate, depending on the type of vehicle. A ...

The GST Council has approved a significant tax hike on sin and luxury goods, introducing a new 40% slab for items like tobacco, aerated drinks, and premium vehicles. This restructuring aims to ...

The Centre's proposed GST revamp is set to significantly alter tax slabs, with approximately 90% of items from the 28% bracket potentially moving to 18%. Furthermore, about 99% of goods currently in ...

Your browser does not support the audio element. The Indian government has reduced tax rates across all categories of cars and certain classes of motorcycles. The ...

Days after Prime Minister Narendra Modi announced next-generation GST reforms, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate overhaul, ...

New Delhi: In a major overhaul of the multitiered goods and services tax (GST) structure, the Central government has proposed scrapping the 12% and 28% slabs, among other reforms to India’s indirect ...

In its 56th meeting, the GST Council has announced a significant set of rate changes ahead of the festive season. A new GST structure will be implemented from September 22, 2025, which coincides with ...

The GST overhaul will reduce tax on small-capacity two-wheelers to 18 per cent, making them cheaper, while larger bikes will face a higher 40 per cent tax. The proposed Goods and Services Tax (GST) ...

An industry body has called for mobile phones to become cheaper after the upcoming GST reforms because they are essentially essential goods. India’s mobile phone sector has emerged as one of the ...