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 ...

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

Finance Minister Nirmala Sitharaman to explain Centre's plan for two GST slabs of 5 per cent and 18 per cent, with a 40 per ...

A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two.

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

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 ...

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

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.

Finance Minister Nirmala Sitharaman said in an important meeting with ministers on Wednesday that the government is moving ...

That said, the Prime Minister’s speech has raised expectations. “If the rates are revised, it will encourage more customers ...

The Indian government plans to exempt GST on individual life and health insurance policies, reducing it from the current 18 ...

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