The Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation on tobacco products to recover potential revenue loss ...

India's central government has proposed to bring down GST rates for the majority of goods and services in a bid to boost ...

The Indian government’s proposed goods and services tax (GST) 2.0 rationalisation could become a major demand-side stimulus, ...

The Finance Ministry (MOF) said the Sales and Service Tax (SST) covers a larger number of exempted or zero-rated items ...

Godfrey Phillips India's stock rebounded 13.5% to ₹10,975 after recent declines. The company's strong quarterly results ...

Impact of the rate rationalisation on the insurance industry depends on whether the rate cut is implemented with or without ...

Gauhati High Court observed that cancellation of GST registration u/s. 29(2)(c) of the CGST Act entails serious civil consequences. Hence, petitioner is given opportunity to furnish all the pending ...

Allahabad High Court has quashed a GST cancellation order, ruling that the unreasoned decision was made without applying judicial mind and violated natural ...

India's telecom industry pushes for 5% GST on mobile phones, arguing they are essential for digital infrastructure and ...

PM Narendra Modi has indicated a major overhaul of the Goods and Services Tax (GST). At its launch in 2017, the tax reform had been met with both hope and sceptisim ...