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 ...

“We discussed that proposal and have supported it. We have recommended it, and now the GST Council will decide on this.” ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.

The sustained rally in the Indian stock market made investors richer by about ₹12 lakh crore in six sessions as the overall market capitalisation of BSE-listed companies rose to ₹456.27 lakh crore, ...

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

Ajinkya Rahane makes big announcement: 'I believe it's the right time to...' Cardiologist shares most dangerous food habits ...

GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.

Indian Prime Minister Narendra Modi’s surprise move to lower consumption taxes within three months is set to spark tough negotiations with states, who will have to shoulder the bulk of the revenue ...

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

A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister ...

NEW DELHI: India’s federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers’ panel has endorsed the new rate ...

GST GoM approves Centre’s proposal to replace 4-tier system with 5% and 18% slabs; luxury goods to face 40% tax.