The Goods and Services Tax (GST) in India has been a transformative reform, simplifying taxation and boosting economic growth ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Krishan Arora of Grant Thornton India said while the consensus on rate structure among the Centre and the states seems to be a step closer towards timely implementation of GST, the essence of the ...

Calling India’s GST structure confusing and inefficient, Tharoor said, “Instead of the good and simple tax we all wanted, India has multiple and confusing GST rates, including the highest GST ...

Government standardizes GST at 18% for all used vehicle transactions, impacting organized industry players' finances and profit margins.

Its grand success requires that the tax burden be moderate, coverage comprehensive, administration use cutting-edge technology, and dispute resolution swift and fair. - Issue Date: Mar 16, 2025 ...

A uniform rate structure would reduce classification ... burden and streamline compliances." The GST reform holds immense potential to bolster India's MSME sector, but its current framework ...

Hajmola, a popular digestive tablet, is under GST investigation. Authorities question its classification. They want to ...

Shashi Tharoor debates Finance Bill in Lok Sabha, highlighting South Indian States' revenue share concerns; BJP counters.

Starting April 2025, hotels categorized as ‘specified premises’ are required to impose an 18% Goods and Services Tax (GST) on ...

The GST came into effect from July 1, 2017 subsuming a raft of indirect taxes levied at various rates in states ... to the complexity like Inverted Duty Structure (IDS) and administrative burden ...

The Insurance Regulatory and Development Authority of India (IRDAI) has submitted its comments on goods and services tax (GST) relief ... should be kept at a tax rate structure, which allows ...