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NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed ...
India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...
India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...
India's proposal to rationalise goods and services tax is a "huge reform", which is bound to have good outcomes, RC Bhargava, ...
Unlike income tax, which applies only to those earning above a certain threshold, GST is an indirect tax levied on almost every transaction, covering nearly everything you buy.
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 ...
The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...
Under Centre’s proposed plans, government wants to reduce the current rate structure to two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers. To be sure, the proposal ...
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.
GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc.
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 ...