India's FMCG sector navigates inflation. Input costs are rising, impacting margins. Companies are adjusting prices. Past cycles show resili...

A joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...

Despite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...

KTM has increased prices for its 390 Duke and 390 Adventure X models. This change is due to higher GST on motorcycles over 350cc. Bajaj Aut...

Global crude oil prices have surged past $110 per barrel. However, Indian retail fuel prices remain stable. This is due to government excis...

India's indirect tax collections for fiscal year 2025-26 have surpassed the government's target. Customs, excise, and GST revenues showed s...

India's GST revamp, effective September 22, simplifies tax slabs to boost spending, but mobile phones remain taxed at 18%, despite industry...

Under the current Goods and Services Tax (GST) framework, revenues are shared equally between the Centre and the states. Additionally, 41 p...

The Centre's proposal for a two-tier GST structure with a special 40 per cent rate anticipates the 18 per cent slab remaining the primary r...

The Centre is planning sweeping GST reforms that could lower taxes on automobiles, now taxed up to 50% including cess. Under the proposal, ...

India is planning a major GST overhaul. The new system will have just two tax slabs: 5% and 18%. This aims to boost the economy and offset ...

The Centre is contemplating a significant GST overhaul, proposing a simplified structure with primary slabs of 5% and 18%, alongside a 40% ...

Around 70-75 percent of GST revenues in 2023-24 came from the 18 percent slab. Only 5-6 percent was from the 12 percent slab. The highest 2...

The GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from...

The GST Council in its next meeting may look at raising the lowest tax slab to 8 per cent, from 5 per cent, and prune the exemption list in...

Currently, the GST has four rates of 5%, 12%, 18% and 28%. GST Council had, in its meeting in January, decided to slash the GST rate on 54 ...

However, some other products such as bottled water, bathing soap, LED TV and split AC may see a rise in price.