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

Indian Prime Minister Narendra Modi's government on Friday announced a plan to lower rates and simplify its goods and ...

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

The Indian government is planning a major reform to the Goods and Services Tax (GST) structure, set to lower taxes on ...

GST's four-tier system of 5%, 12%, 18% & 28% will be pared to a new model: 5% for essentials, 18% for other goods, and a ...

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.

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

The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both ...

Under Centre’s proposed plans, government wants to reduce the current rate structure to two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers. To be sure, the proposal ...

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

The next-generation GST overhaul will focus on tax cuts, a simplified two-slab system, and measures to boost ease of living.

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 ...