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

Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight.

Moreover, electric vehicles (EVs) may lose their tax arbitrage, say analysts. Kumar Rakesh at BNP Paribas Securities India ...

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

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 ...

A structural revision of this indirect tax regime, as announced by the PM, would serve citizens well and also boost the ...

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

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

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

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 ...

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 ...