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Prime Minister Modi announced next-generation GST reforms aimed at reducing the tax burden, with potential implementation by ...
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 ...
Mumbai: Two company directors were arrested in separate cases for fraudulent Input Tax Credit (ITC) claims, collectively ...
The Delhi South CGST Commissionerate has arrested a key person linked to three firms for allegedly evading ₹16.30 crore in GST through ...
The proposed 'Next Gen GST' aims to streamline India's tax system by reducing four tax slabs to two, benefiting everyday ...
Describing the proposed GST tax reforms as ‘Next Gen GST’, senior government officials on Saturday said that the two-slab tax ...
A proposed blueprint aims to simplify the tax structure, reducing rates on essentials. Potential shifts include abolishing the 12% slab, creating three slabs: 5%, 18%, and 40% for sin goods. Costs for ...
The delay stems from a combination of legal setbacks, administrative inertia and Centre–state coordination failures ...
In the revamped regime, majority of the items in the existing 28% tax bracket will come under the 18% slab, and those in 12% slab will fall under the 5% tax slab.
India’s government will slash the consumption tax it charges consumers and businesses by October, a top official said on ...
India's UPI system is a global success story, empowering millions with free digital payments. However, a potential ...
According to sources, the government proposed two slabs of 5 per cent and 18 per cent, with a special 40 per cent rate for ...