CHENNAI: India is preparing for its biggest overhaul of the Goods and Services Tax (GST) since its launch in 2017. On August 17, Prime Minister Narendra Modi signalled that a “next-generation” GST ...

NEW DELHI: Even as the GST on most household and aspirational items has been reduced, some items have been assigned a special rate of 40%. This special rate is applicable only to a few selected goods, ...

While delivering his Independence Day address on 15 August, Prime Minister Narendra Modi announced the long-overdue goods and service tax (GST) reforms. He promised a "double Diwali’ this year, ...

Since its launch in 2017, the Goods and Services Tax (GST) has completely revolutionised India's indirect tax landscape. Roll-up of a host of taxes into one singular regime, GST aimed at making ...

To make India’s tax system simple and transparent, the government has announced historic reforms in the 56th GST Council meeting. The four tax slabs applicable till now have been reduced to only two ...

The GST rationalisation is a structural reset for India, says Niranjan Hiranandani, President, NAREDCO The recent GST rationalisation marks a watershed moment for India’s economy and consumers alike.