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

The centre has also proposed to introduce a 40% slab for sin and luxury goods. In theory, removing 12% and 18% tax slab would ...

The Centre is expected to push its proposal for sweeping reforms aimed at lowering tax rates and bringing down prices of ...

Small cars are likely to be cheaper by eight per cent, while the bigger ones will see a price cut by about five per cent.

To combat rising input costs for textile mills, the government has temporarily eliminated customs duties on raw cotton ...

For under-construction flats, GST is 5% on the base cost, with additional stamp duty and registration charges ranging from ...

The government's planned GST overhaul has drawn mixed assessments from HSBC, S&P and SBI, with estimates of a potential ...

Explore the potential impacts of the proposed GST rate adjustments on small car and two-wheeler sales in India. Understand ...

The Indian textile industry has welcomed the government's decision to waive customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of cotton till September 30, calling ...

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

With the introduction of a new GST regime with differentiated tax rates, the Indian government plans to provide significant ...