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

India's proposal to rationalise goods and services tax is a "huge reform", which is bound to have good outcomes, RC Bhargava, ...

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.

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

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

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

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

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