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India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
The GST Council is expected to approve the shift in the coming weeks, with a new 40% slab reserved for sin goods such as ...
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.
GST reforms with fewer tax slabs could ease compliance, improve liquidity, and boost MSME participation in the formal economy ...
Prime Minister Narendra Modi announced the circulation of the draft for next-generation GST reforms among states, urging ...
Bajaj Finance shares are soaring, fueled by potential GST cuts on consumer durables and India's credit rating upgrade.
Telangana supports GST rate rationalisation with a compensation mechanism, proposing either continued compensation cess for states or raising GST rates on luxury goods. Ensuring state revenue ...
Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.
The proposed GST reforms are boosting the Indian stock market and FMCG sector, with a projected ₹1.98 lakh crore consumption increase. Analysts note a recovery trend, particularly in rural demand, but ...
A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India. While this could lower costs for policyholders, insurers' loss of input ...
All two-wheeler makers would also benefit, with domestic players expected to gain more. However, such a move could impact GST ...
Markets rally on GST reform optimism, Sensex up 676.09 points, Nifty climbs 245.65 points, auto and FMCG stocks lead.