India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping ...

That said, the Prime Minister’s speech has raised expectations. “If the rates are revised, it will encourage more customers ...

Finance Minister Nirmala Sitharaman to address crucial meeting on sweeping GST reforms to reduce tax rates and prices.

India's equity benchmarks are set to open higher on Monday, buoyed by cooling Russian oil supply concerns after a meeting ...

The biggest change for middle-class families could be in aspirational goods such as televisions, refrigerators, and washing ...

The 5% slab contributes around 7% to total GST revenues, while the 18% slab accounts for a dominant 65%. The 12% and 28% slabs contribute 5% and 11%.

Goods and Services Tax (GST) is currently levied at 5, 12, 18 and 28 per cent. While food and essential items are either at ...

GST slab to remain top revenue contributor after proposed changes. New 2-tier structure & 40% rate impact on collections ...

The Finance Ministry has sent its proposal to the GST Council for two GST rates of 5 per cent and 18 per cent across all ...

Government clarifies Centre & States are equal stakeholders in GST revenue sharing. New GST structure aims for revenue boost ...

Prime Minister Narendra Modi gave the first indication of GST reforms in his Independence Day address from the Red Fort, ...