GST reforms, including fewer tax slabs and simplified refunds, could enhance liquidity and compliance for MSMEs, encouraging their integration into the formal economy.

Finance Minister Nirmala Sitharaman is expected to present the Centre’s proposal for a major overhaul of the Goods and Services Tax (GST) regime at a key two-day meeting of the Group of Ministers (GoM ...

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MUMBAI: Small car prices may decrease by up to 10% if the applicable tax slab is reduced from 28% to 18%. As part of the ...

Investing.com -- Indian Prime Minister Narendra Modi signalled a major reset of India’s goods and services tax, proposing to fold the 12% and 28% slabs into 5% and 18%, while creating a new 40% rate ...

KT Rama Rao criticised the Modi government for hollow GST announcements and high fuel taxes, calling for real economic reforms. He demanded GST exemption for handloom products, lower taxes on ...

GST 2.0, as proposed, aims to lower the effective weighted average GST rate to 9.5%, boosting consumption by ₹5.5 lakh crore.

Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight.

Impact of the rate rationalisation on the insurance industry depends on whether the rate cut is implemented with or without ...

1,826 items are now exempted under the sales and service tax, compared with 607 under the goods and services tax.

Markets enjoyed a robust opening to the week yesterday, buoyed by optimism around the government’s proposed Goods and Services Tax (GST) reforms and an upgrade in India’s sovereign credit rating.