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

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

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 ...

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

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...

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 ...

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.

Indian Prime Minister Narendra Modi’s surprise move to lower consumption taxes within three months is set to spark tough negotiations with states, who will have to shoulder the bulk of the revenue ...

India Inc. welcomed Prime Minister Mr. Narendra Modi’s Goods and Services Tax (GST) reforms, calling the two-slab structure a Diwali gift set to revive capex, spur demand, and attract investment.