The GST rate cuts announced on September 3, reducing the median rate from 12% to 5% on over 400 goods and services, are expected to boost d...

The RBI Bulletin said the recent GST reforms are expected to boost ease of doing business, lower retail prices, and strengthen consumption....

The government has directed major retail chains to prominently display GST-related discounts on receipts and through advertising, ensuring ...

Nilesh Shah welcomes the GST slab simplification but cautions about the bigger challenge of household savings being diverted into speculati...

India's GST structure is set for simplification. A group of ministers approved a plan to move to a two-slab system. The GST Council may mee...

The GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to significant relief for ...

Prime Minister Narendra Modi announced that next-generation GST reforms will be implemented by Diwali, aiming to cut taxes on everyday item...

The International Monetary Fund (IMF) has requested Pakistan to impose a tax on monthly pensions exceeding Rs 100,000 as part of a new bail...

India's growth accelerated to 7.7 per cent in the fourth quarter of Financial Year (FY) 2017-18. That was up from 7 per cent in the previou...

There is a growing fear that the Modi government may go for populist measures when FM Arun Jaitley presents his Budget in February next yea...

The new law insists that all benefits be passed on to consumers. If govt determines that any company hasn’t done so, it can even force it t...

Former finance minister P Chidambaram has said that a more realistic deadline for rolling out the goods and services tax was October 1, ins...

Terming the passage of bankruptcy law by Parliament as a "big news", this is a needed structural reform that should help the process of cle...

Arun Jaitley also said the political opposition is unlikely to obstruct the reform process, including on the direct and indirect tax reform...

Rhee said that it remains a very important question as how the government would implement the GST regime at state levels and coordinate.

Pranab Mukherjee on Friday appealed to all political parties for the early passage of GST and Direct Tax legislations.

IDSA said said it is seeking rationalisation of taxes, reforms in allowing more foreign investment and incorporation of the GST in Budget 2...