With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

The highly anticipated Goods and Services Tax (GST) reforms proposal inched closer to turn into a reality after the Group of Minister (GoM) approved the Centre's proposal. The GoM on Thursday approved ...

After the PM's speech, the government later came out with details about the upcoming next-generation GST reform which is aimed at lowering tax rates for most daily use essential items, home appliances ...

To simplify India’s indirect tax regime, the Group of Ministers (GoM) on GST rate rationalisation has accepted the Centre’s proposal ...

India’s proposed GST overhaul and income tax cuts aim to boost household spending but stagnant wages, AI disruptions and global uncertainties pose deeper challenges to sustainable income growth and co ...

The recommendation comes after the Central Government, on August 15, put forward a major GST reform plan focusing on mainly three areas - structural changes, rate simplification, and ease of living.

Australia’s economy is split: growth stalls while brand-led consumer firms scale. See the data on GDP, RBA cuts, productivity, tax reform, housing, climate—and what must change.

FM makes presentation on GenNext GST reforms to GoMs from States; GoM on insurance proposes exemption on health, life ...

Health insurance is meant to bridge that gap, but the reality is different. Premiums for senior citizens are already steep, and an additional 18% Goods and Services Tax (GST) only makes them heavier.

GST exemption could particularly entice younger, first-time buyers, especially those in the 25-40 age group, who are often ...

The simplified code would mean reduced taxes for Indians, likely boosting domestic consumption, analysts say, and partly absorbing the hit to exports from Trump tariffs.

The group of ministers on GST reform is set to recommend a complete exemption of goods and services tax on health and life ...