India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

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 ...

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 ...

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

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

The central government plans to overhaul the GST regime by introducing two main tax rates of 5% and 18%. The changes aim to ...

Proposed GST shift to 5% and 18% may cut costs, but will real estate developers pass on benefits to homebuyers or retain margins, ask experts ...

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.

The GST Council, chaired by Finance minister Nirmala Sitharaman and state ministers, is expected to meet in September to ...