In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation on Thursday supported the Centre’s proposal ...

Finance Minister K.N. Balagopal discusses potential revenue loss from GST revamp, emphasizing need to protect States.

HAI says GST reforms can transform Indian hospitality. Seeks 5% GST with input tax credit for hotels, restaurants, tourism.

Analysts say the two-slab GST system could translate into savings for homebuyers. Projects previously taxed at 12% could now ...

Among smaller cars, the EMI of Dzire will reduce to Rs 14,195 versus Rs 15,519 at present, whereas the EMIs for Wagonr and Baleno will come down by Rs 1,000-1,200.

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

The potential tax restructuring, if approved, would involve scrapping two existing GST slabs and modifying rates for both ...

Removal of the Goods and Services Tax (GST) on insurance policies may pose a challenge for the insurers. Experts believe that ...

A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...

It isn't just small cars and two-wheelers, large sedans and SUVs too are likely to see a sharp reduction in prices as goods ...

Kerala Finance Minister K.N. Balagopal stressed that the benefits of rate rationalisation must reach ordinary consumers.