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

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

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 ...

The panel is tasked with reviewing the Centre’s proposal to move 99 per cent of goods currently taxed at 12% to the 5% slab and 90 per cent of goods and services in the 28% slab to the 18% bracket.

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

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 structure, state ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system into a simpler two-tier model — 5 per cent for merit goods and services ...

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...

Prime Minister Modi faces tough negotiations with states over proposed GST changes, impacting government revenue and economic growth.

The government's proposed GST reform may lower housing costs, but will developers pass these savings to buyers? Experts weigh in on the potential impact ...

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...