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 ...

India's Goods and Services Tax collection reached ₹1.70 lakh crore in November. This marks a modest 0.7% rise year-on-year. Officials state...

Indian equities had a strong week, boosted by global and local factors. The Goods and Services Tax regime change is expected to further boo...

GST rationalization in India is set to boost consumption, particularly for middle- and lower-middle-income households. Cuts in one-third of...

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

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

Anuraag Saxena of E-Gaming Federation emphasizes the need for stable policies and rational taxation to boost investments and job creation i...

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

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...

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

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 package reflects rhetorics like the 'Atma Nirbar Bharat' (Self reliant India) and 'One Nation one Ration Card', which was supposed to b...

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

The GST Council has approved new simplified return formats and these are expected to be launched on a pilot basis from April and full-fledg...

Indian oil and gas industry has long been demanding the inclusion of gas in GST.

The GST Bill was passed by the Rajya Sabha, the Upper House of Parliament, late on Wednesday, paving way for a uniform rate of taxation acr...