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 will likely face tough negotiations with states, who are expected to shoulder the bulk of ...

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates ...

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

The potential tax restructuring, if approved, would involve scrapping two existing GST slabs and modifying rates for both ...

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

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

The Group of Ministers on rate rationalisation endorsed the Centre’s plan to introduce a simpler structure, replacing the ...

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

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

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 ...