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

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

Under Centre’s proposed plans, government wants to reduce the current rate structure to just two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers.

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 will likely face tough negotiations with states, who are expected to shoulder the bulk of ...

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

The Group of ministers (GoM) appointed for the upcoming Goods and Services Tax (GST) reforms has endorsed a major rate ...

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates ...

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

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 ...