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.

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

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

Andhra Pradesh High Court held that GST is not leviable on ocean freight charges, accordingly, refund of GST paid on ocean ...

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 2-tier rate rejig is put into effect, effective tax rates will ease, ...

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

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

Why it matters: Simplifying GST could ease compliance for millions of businesses, boost disposable incomes, and stimulate ...

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

A report by Tata Mutual Fund highlighted that the life and health insurance, currently taxed at 18%, could fall to 5% or even ...

India's equity benchmarks rose for a fifth straight session on Wednesday as tech stocks rallied ahead of the Federal ...