India’s government will slash the consumption tax it charges consumers and businesses by October, a top official said on ...

After Prime Minister Narendra Modi announced reforms on Goods and Services Tax (GST), Congress has demanded an official discussion paper for an informed and wider debate on it. Congress General ...

A simple guide to GST registration for small businesses in India. Understand the process, required documents, and benefits of ...

US retail sales experienced a robust increase in July, fueled by strong automobile sales, particularly in battery-powered ...

Indian business circles are happy with Prime Minister Narendra Modi's plan to change the Goods and Services Tax. The government plans to simplify GST ...

Prime Minister Narendra Modi’s Independence Day speech included the mention of a complete overhaul of the Goods and Services ...

A proposed blueprint aims to simplify the tax structure, reducing rates on essentials. Potential shifts include abolishing the 12% slab, creating three slabs: 5%, 18%, and 40% for sin goods. Costs for ...

Currently, GST is divided into four tax rates: 5 per cent, 12 per cent, 18 per cent, and 28 per cent. But that could soon ...

The delay stems from a combination of legal setbacks, administrative inertia and Centre–state coordination failures ...

The GST Council, which includes finance ministers of states, is likely to meet in September or October to approve the ...

From 2021 to 2025, under the PPP/C government, the relative tax bite fell to just 9.34 percent of household income, even as total VAT collections remained high. As a result, average monthly disposable ...

The central government has proposed two tax rates of 5% and 18% in the revamped Goods and Services Tax (GST), slated to ...