India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...

India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

The Indian government's proposed Goods and Services Tax (GST) restructuring plan could make air conditioners, cars, and ...

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

As part of the upcoming GST overhaul, the government plans to consolidate existing tax slabs into two primary rates, 5% and ...

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed ...

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

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 ...

GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc.

Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the rubbish.