News

Moving goods from 12% GST slab to cost Rs 80,000 cr in revenue annually

Government sources say a majority of the 12 percent slab items may move to 5 percent. The 40% GST rate on luxury and sin goods to parly offset losses.

Can GST reforms undo the potential damage from Trump's tariff war?

The Narendra Modi government’s reforms to the GST regime could help make up for the loses from US President Donald Trump’s 50 ...
Outlook Business37m

Will GST Rejig Be the Tailwind FMCGs Need to Emerge from Consumption Slump?

Analysts say the announcement by Prime Minister Narendra Modi on Independence Day has the potential to spur demand, narrow ...

GST reforms and inflation: Will Modi government’s move pave the way for an RBI rate cut?

Prime Minister Modi's recent GST reforms could reshape India's economic landscape by potentially easing inflation and providing the Reserve Bank of India (RBI) the opportunity for rate cuts. Experts ...

Explained | India's complex GST tax and how Modi's reform will make goods cheaper

The structure of the Goods and Services Tax (GST) is complex, with states and the federal government sharing the revenue ...

PM Modi's 'Diwali Gift': Can India's Tax Overhaul Deliver On Its Promise?

On Independence Day this year, Prime Minister Narendra Modi stood at the Red Fort and offered Indians a different kind of freedom pledge: liberation from the country’s notoriously tangled tax code.