Analysts believe the proposed GST rate rationalisation to a two-slab system will boost consumption without hurting revenues.

Auto stocks rallied as investor sentiment improved with the government's GST cut proposal. A decrease from 28% to 18% could ...

According to a notification issued by the Ministry of Finance, the exemption will be applicable on cotton falling under heading 5201 of the Customs Tariff Act, 1975. The waiver will come into effect ...

The Indian government has temporarily suspended the 11% import duty on raw cotton until September 30th to improve domestic ...

In a move aimed at stabilising domestic cotton prices and supporting the textile industry, the government has waived all cus ...

As India marks eight years of the GST, it is an apt moment to reflect on the journey so far, build on its progress and strengthen the framework for the future. GST has been one of the most significant ...

Union Textile Ministry exempts customs duties on raw cotton imports until September 30 to stabilise prices and support ...

The proposed GST reforms through a two-tier tax structure and lower tax rates on household goods will lead to an estimated ...

The development highlights the urgency with which the central government is pursuing the tax reform that is expected to give ...

To boost consumer spending, the BJP-led Central government is reportedly mulling simplifying the Goods and Services Tax (GST) structure by reducing the number of slabs, If approved, the new slabs will ...

Investing.com -- Indian Prime Minister Narendra Modi signalled a major reset of India’s goods and services tax, proposing to fold the 12% and 28% slabs into 5% and 18%, while creating a new 40% rate ...

SBI Research estimated that the effective weighted average GST rate has come down from 14.4% at the time of inception to 11.6 ...