GST reform: The central government is preparing for one of the most significant reforms in the Goods and Services Tax (GST) regime since its launch in 2017. According to CNBC TV18, the Group of ...

The GST Council has approved a major overhaul of the indirect tax system, introducing a simplified two-rate structure of 5% and 18%, along with a 40% slab for select goods. Effective September 22nd, ...

New Delhi: In a major overhaul of the multitiered goods and services tax (GST) structure, the Central government has proposed scrapping the 12% and 28% slabs, among other reforms to India’s indirect ...

The GST Council on Wednesday approved a major overhaul of the indirect tax regime, replacing the existing four-tier structure of 5, 12, 18, and 28 per cent with a simplified two-rate system of 5 and ...

Finance Minister Nirmala Sitharaman on Sunday said the next-generation Goods and Services Tax (GST) reforms introduced earlier this month have simplified the tax structure and resolved long-standing ...

The Centre is proposing a two-slab 'Next Gen GST' structure, sparking revenue concerns. Government sources clarify that the Centre and states share revenue equally, anticipating increased consumption ...

Finance minister Nirmala Sitharaman on Wednesday announced sweeping changes to the Goods and Services Tax (GST) regime after the 56th GST Council meeting in New Delhi. A landmark decision also exempts ...

GST Rate Changes: The revised GST rates will come into effect on September 22. The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since ...

Union Finance Minister Nirmala Sitharaman announced the new GST structure yesterday, with a slew of changes to the taxation for the automotive industry. While most of the clauses are reserved for the ...

At its 56th meeting, the GST Council announced sweeping rate reductions across a range of goods and services. However, coal stood out as one of the few exceptions. The Council decided to raise the GST ...