Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed changes include a simplified two-slab structure and rate rationalization.

Soon after Prime Minister Narendra Modi underscored the importance of the next generation of reforms under Goods and Services Tax, the Finance Ministry proposed a two-slab GST rate structure along ...

The comprehensive overhaul of the rate structure of the goods and services tax (GST) under the Next Gen reforms is seen to have significantly lowered the tax liability on households, which is expected ...

In a major reform, the GST Council on Wednesday approved a simplified two-tier tax structure with rates of 5% and 18%, set to take effect from September 22. The decision was reached during the ...

The buzz indicates that the Indian government is planning to propose a two-rate GST structure. The buzz indicates that the Indian government is planning to propose a two-rate GST structure. The ...

The finance ministry on Friday said it has proposed a two-slab GST rate structure to the Group of Ministers (GoM), along with special rates for select few items, as the government looks to unveil ...

The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, has approved significant changes to the GST rate structure aimed at simplifying compliance, ...

The GST Council on Wednesday (September 3) approved a landmark two-tier GST rate structure of 5% and 18%, following a marathon 10.5-hour session, marking a major step in India’s next-generation tax ...

NEW DELHI: Prime Minister Narendra Modi’s Independence Day promise of cheaper daily-use items through a simplified two-slab GST structure, pitched as “next-generation reforms” and a Diwali gift for ...

NEW DELHI: In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has reportedly given its consent for the Goods and Services Tax (GST) rate ...

The GST Council has approved a significant overhaul of the Goods and Services Tax regime, reducing tax rates on numerous common use items and simplifying the tax structure to boost domestic spending.