Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

The report suggests that if the GST rate for smaller cars is reduced from the current 28% to 18%, consumers may see a price ...

Monetary policy committee member Saugata Bhattacharya said the proposed GST revamp will likely lower prices initially, but rising demand could trigger unpredictable second-round effects, making its ...

The Indian automotive industry could soon witness a GST cut on cars, and here's what the cut holds for the buyers and ...

India’s GST rates are on a downward path. From 15.3 percent in 2017 to a projected 9.5 percent by FY27, once the ongoing ...

Finance Minister Nirmala Sitharaman proposed GST reforms to the Group of Ministers, aiming to exempt individual health and ...

Bihar Deputy Chief Minister Samrat Choudhary, who is the convenor of the GoM on rate rationalization, said the GoM has ...

A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...