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India's central government has proposed to bring down GST rates for the majority of goods and services in a bid to boost ...
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
As part of the upcoming GST overhaul, the government plans to consolidate existing tax slabs into two primary rates, 5% and ...
The Indian government's proposed Goods and Services Tax (GST) restructuring plan could make air conditioners, cars, and ...
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 Finance Ministry (MOF) said the Sales and Service Tax (SST) covers a larger number of exempted or zero-rated items ...
Impact of the rate rationalisation on the insurance industry depends on whether the rate cut is implemented with or without ...
Acccording to the report, the food and beverages sector will benefit from a GST reduction to 5 per cent on packaged foods, dairy, and snacks, driving volume growth. The report further added that ...
The total amount of items exempted or zero-rated are higher under the Sales and Service Tax than the Goods and Services Tax, ...
The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both ...
Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight.