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

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

The report suggests that if the GST rate for smaller cars is reduced from the current 28% to 18%, consumers may see a price ...

Monetary policy committee member Saugata Bhattacharya said the proposed GST revamp will likely lower prices initially, but rising demand could trigger unpredictable second-round effects, making its ...

The Indian automotive industry could soon witness a GST cut on cars, and here's what the cut holds for the buyers and ...

India’s GST rates are on a downward path. From 15.3 percent in 2017 to a projected 9.5 percent by FY27, once the ongoing ...

A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

Finance Minister Nirmala Sitharaman proposed GST reforms to the Group of Ministers, aiming to exempt individual health and ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

Bihar Deputy Chief Minister Samrat Choudhary, who is the convenor of the GoM on rate rationalization, said the GoM has ...

With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

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