The GST Council is expected to approve the shift in the coming weeks, with a new 40% slab reserved for sin goods such as ...

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 ...

According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...

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 ...

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

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.

S&P does not think the Indian government would reform the GST “to the point that it would hit fiscal revenues”.

All two-wheeler makers would also benefit, with domestic players expected to gain more. However, such a move could impact GST ...

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

As India prepares for its upcoming Goods and Services Tax (GST) reforms, the mobile phone industry is pushing for a major change that could impact buyers directly. The India Cellular & Electronics ...

Small cars are likely to be cheaper by eight per cent, while the bigger ones will see a price cut by about five per cent.

Sensex and Nifty are experiencing a significant upswing, propelled by a credit ratings upgrade from S&P and the Centre's planned Goods and Services Tax revamp ...