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

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

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

Indian Prime Minister Narendra Modi’s surprise move to lower consumption taxes within three months is set to spark tough negotiations with states, who will have to shoulder the bulk of the revenue ...

GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc.

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers' panel has endorsed the new rate structure, state ...

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 ...

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system into a simpler two-tier model — 5 per cent for merit goods and services ...

As part of the upcoming GST overhaul, the government plans to consolidate existing tax slabs into two primary rates, 5% and ...

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...