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Can a better and simpler tax help India offset hit from Trump tariffs?
This is India’s first upgrade since 2007! In today’s newsletter, US President Donald Trump’s tariffs draw China and India closer to each other. But first, the goods and services tax gets a facelift. Will India’s goods and services tax finally live up to its billing as a “good and simple tax”?
The Indian government's proposed Goods and Services Tax (GST) restructuring plan could make air conditioners, cars, and ...
MUMBAI: The proposed GST reforms, announced by the prime minister to be rolled out by Diwali, halving the current four-rate ...
NDTV Profit on MSN20h
Profit Explains: Why GST Cuts On Insurance Without Input Tax Credit Will Not Bring Down Premiums
Impact of the rate rationalisation on the insurance industry depends on whether the rate cut is implemented with or without ...
The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...
Currently, life and health insurance premiums attract 18% GST — a levy long criticised by insurers and policyholders for ...
As part of the upcoming GST overhaul, the government plans to consolidate existing tax slabs into two primary rates, 5% and ...
2don MSN
India's tax restructuring a 'huge reform', will boost competitiveness, Maruti Suzuki chair says
India's proposal to rationalise goods and services tax is a "huge reform", which is bound to have good outcomes, RC Bhargava, ...
Act, 2025, introduces changes, including a new "track and trace" mechanism for certain goods, penalties for non-compliance, and amendments to input tax credit and appeal ...
GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc.
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the ...
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