A new report recommends lowering the Goods and Services Tax on household insecticides. The current 18 percent rate could be reduced to 5 pe...

The World Bank stated India is well-positioned to handle the global energy shock due to strong buffers like high foreign exchange reserves ...

The CBIC is monitoring price changes of essential goods after the GST rate cuts on September 22nd. Field officials are collecting data from...

Indian equity markets saw a 1% gain but stayed below 25,000, prompting analysis of underlying trends. GST rationalization is expected to bo...

A new report suggests that the FMCG sector in India is set to benefit from recent GST rate revisions. Nuvama's report indicates that tax cu...

The GST Council convened to deliberate on a proposal to streamline tax slabs, potentially reducing rates for essential items and luxury goo...

Several opposition-ruled states are worried about potential revenue losses from the Centre's GST restructuring plan. They anticipate losses...

With robust GST collections and a broad tax base, India is poised for next-generation GST reforms, potentially streamlining the rate struct...

The budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery credits.

The government's focus will be on simplifying tax policies and rationalising GST rates in the New Year. The review includes improving incom...

Varun Beverages share price: Shares of Varun Beverages fell by 5.2% as the Group of Ministers proposed raising the GST rate on aerated drin...

The Central Board of Indirect Taxes and Customs began revising product classifications under GST to simplify the system and reduce tax disp...

GST allows manufacturers to claim credit for the taxes paid on inputs and creates audit trails in the income and production chain. Exemptio...

The long-awaited requirement to set up a Tribunal under GST law was also deliberated, and the Council has recommended to set up a ministeri...

India’s handset industry has demanded that the GST rate on mobile phones should be reduced from 18% currently to 12% and the GST rate on pa...

The GST Council on Friday approved the proposal to reduce tax rates on hotels, which had been a long standing demand of the industry.

Petrol and diesel prices have gained Rs 10.74 and Rs 11.36 per litre respectively in the last nine months in which crude oil has gained $21...