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 ...

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

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 ...

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

India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

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

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.

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 ...

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 ...