Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed and taxes lowered by ...

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

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

Modi’s announcement comes as India moves to simplify its GST structure, with a group of ministers preparing a report that ...

The Ministry of Finance has proposed an indirect tax reform recommendation to the Group of Ministers (GoM) appointed by the ...

GST revamp proposes 5% & 18% rates, shifting items from 12% & 28% slabs. 40% tax on 7 luxury/sin goods. Impact on consumption ...

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

According to the finance ministry, the proposal has been sent to the Group of Ministers (GoM) set up by the GST Council to ...

Prime Minister Modi announced "next-generation GST reforms" by Diwali to ease the tax burden on households and small ...

Currently, the 18% slab brings in 65% of total GST revenue, while the 28% slab accounts for 11%. The 12% category contributes ...

Prime Minister Modi has promised a “next-generation” GST by Diwali, with the Finance Ministry working on a shift from five ...

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