India's proposal to rationalise goods and services tax is a "huge reform", which is bound to have good outcomes, RC Bhargava, ...

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

The Centre proposes next-gen GST reforms with a simplified two-rate structure of 5% and 18%, plus a new 40% slab for sin ...

NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi's government on Friday announced a plan to lower rates and simplify ...

Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...

NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed ...

The Finance Ministry has sent its proposal to the GST Council for two GST rates of 5 per cent and 18 per cent across all ...

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 ...

Proposed GST shift to 5% and 18% may cut costs, but will real estate developers pass on benefits to homebuyers or retain margins, ask experts ...

The proposed reforms have two benefits. One is that essentials and FMCG products will see quicker volume traction, while consumer durables, which are highly price-sensitive, will gain renewed ...

This case study examines if a GST officer can purchase goods to check for a tax invoice, demand a bill cancellation, and a refund, as per Section 67 of the CGST ...

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