The recent goods and services tax (GST) rationalisation is set to lift revenue growth of organised apparel retailers by about 200 bps this fiscal, keeping the topline steady at 13-14 per cent for the ...

New Delhi: Central and state governments will retain the current framework of the indirect tax system and maintain the existing goods and services (GST) tax rates as they assess the impact of recent ...

New Delhi: Finance minister Nirmala Sitharaman on Wednesday said the goods and service tax (GST) reforms, implemented last month, will benefit farmers and that the government was committed to the ...

This festive season brings with it more than celebrations—it carries a sense of renewed economic optimism. The roll-out of goods and services tax (GST) 2.0 has injected fresh momentum into India’s ...

The GST Council on September 3 approved sweeping rate reductions on items spanning household essentials, medicines, automobiles and appliances as it pruned the tax structure from four slabs to ...

International Monetary Fund (IMF) has said that the impact of GST rate cuts will outweigh that of US tariffs on the Indian economy. It simultaneously stressed that assessment of tariff impact will ...

Officers of the Directorate-General of GST Intelligence (DGGI), Belagavi Zonal Unit, have uncovered a major violation of GST rules and tax evasion. During an inspection of a scrap metal dealer in ...

Accordingly, the court directed the Centre’s counsel to obtain appropriate instructions on why a reduced GST rate cannot be specifically provided for the differently-abled category The Delhi High ...

Mumbai: The government’s landmark reform to exempt term and health insurance policies from Goods and Services Tax (GST) is fueling sale of new policies say insurance companies. Standalone health ...

An extra Rs 20 lakh crore of consumption boost to the economy will come partly through the recent Goods and Service Tax (GST) cuts, IT minister Ashwini Vaishnaw said on Saturday, while addressing a ...

After “extorting money” from the people for eight years under the old GST system, Prime Minister Narendra Modi is now patting himself, calling GST reduction a “Deepavali gift,” Chief Minister ...