In the March quarter, Tata Motors reported a significant 32 percent drop in net profit, reflecting increased operational costs and obstacle...

Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...

The electric vehicle revolution in India is not just about getting from point A to B; it’s now about enhancing family journeys. With the em...

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

"Monday was a pretty good day for us with the Pitru Paksha ending on Sunday. Customers had been holding off on purchases and they started m...

India's GST Council has introduced GST 2.0, cutting rates on essentials to boost consumption before Diwali, while increasing taxes on luxur...

The Indian government is contemplating Goods and Services Tax (GST) rate rationalisation, aiming to simplify the existing four-slab structu...

The GoM on GST rate rationalisation has proposed lowering tax rates to 5% on 20-litre packaged drinking water bottles, bicycles, and exerci...

The GoM on GST discussed merging compensation cess with GST. States suggested no new items should be added during this transition. Compensa...

Cigarettes, tobacco products, carbonated drinks, and high-end automobiles in the 28% GST slab might see a rise in taxation as a cess ends i...

Finance Minister Nirmala Sitharaman remarked that states are cautious about implementing GST rate cuts, aiming to protect revenue without i...

Addressing the industry leaders, Bajaj said the rate rationalisation exercise of the GST Council is a result of introspection of GST, five ...

Last year, the country's largest two-wheeler maker Hero MotoCorp had urged the government to consider a phase-wise reduction in GST on the ...

The cess for motorcycles with more than 350 cc engine has been kept at 3 per cent, taking the total incidence of taxation to 31 per cent.

The 15 per cent cess cap would apply on luxury cars and aerated drinks. On pan masala, the cess has been capped at 135 per cent ad valorem.

Maruti Suzuki MD and CEO Kenichi Ayukawa said implementation of Goods and Services Tax (GST) is good for the country but it has to be imple...

There is ongoing debate whether GST, which is to be rolled out from April 1 next year, should be a single rate regime or should it have mul...