India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

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

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

Indian Prime Minister Narendra Modi will likely face tough negotiations with states, who are expected to shoulder the bulk of ...

Under Centre’s proposed plans, government wants to reduce the current rate structure to just two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers.

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates ...

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

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

Act, 2025, introduces changes, including a new "track and trace" mechanism for certain goods, penalties for non-compliance, and amendments to input tax credit and appeal ...