The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...

New Delhi: The country's indirect tax structure will undergo a significant revamp from Monday with introduction of the second generation of the goods and services tax (GST 2.0) system, making ...

The Indian government on Wednesday announced a rate cut for the Goods and Services Tax (GST) on hundreds of goods, ranging from cars, washing machines, to small consumer goods like toothbrushes and ...

GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...

Instead of buoyancy, there has been a net decline in revenues. On top of that, several studies have established that the benefit of rate cuts is not being fully passed on to consumers and is partly ...

Indian companies (India Inc.) are expected to witness a 6-7% rise in revenues in the financial year 2025-26 due to the reduced goods and services tax (GST) rates announced after the GST Council ...

In India, the evolution of indirect taxation reached a historic milestone with the implementation of the Goods and Services ...

Narendra Modi said GST Council, which includes representatives from both the Uniona nd state governments, has given its collective approval to the proposals. Prime Minister Narendra Modi on Wednesday ...

Consumers are facing short-term price increases as the country transitions to the Goods and Services Tax (GST) system, with the burden of double taxation embedded in the cost of pre-GST inventory ...

The Goods and Services Tax (GST) exemption on life insurance premiums has driven a 21% year-on-year increase in private life insurers’ sales in October–November 2025, even as profitability faces ...