The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

The Group of Ministers, a key decision-making panel on Goods and Services Tax (GST), has approved the Centre's proposal to ...

Flipkart and Amazon are in discussions with brands regarding the potential impact of the proposed GST reduction on demand.

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

The Danish government announced this week that it planned to make books exempt from a 25 percent value-added tax.

Due to heavy rains and public disruptions, the CBIC has extended the GSTR-3B filing deadline for July 2025 to August 27, 2025 ...

When I was a young journalist in Bombay (now Mumbai), there was an event that evoked a lot of humour and pained resignation.

At present, Goods and Services Tax (GST) has four slabs of 5, 12, 18 and 28 per cent. While food items are either taxed at 0 or 5 per cent, luxury and sin goods are taxed at 28 per cent.

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 ...

There is a fine line between political populism and fiscal prudence, if not in tax collections, then in the idea of taxation itself ...

The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.