A low GST rate of 4 per cent would make better sense. Next, given the median VAT rate on gold and jewellery is 1 per cent, it would be logical to make the GST rate 2 per cent — double, to deter ...

In Brief With the passage of the Constitution (122nd Amendment) Bill in August 2016 and the establishment of the Goods and Services Tax (GST) council, many hoped that the design and structure of India ...

India will not overhaul its Goods and Services Tax (GST) regime in the next fiscal year, a senior official said on Monday, delaying a move it has been considering for more than a year to simplify ...

Thus, with GST, the economic map of India will evolve — possibly in quite complex ways. As economic corridors change, the demand for new investment in transport and logistics infrastructure will ...

An Indian government panel has rejected an airline industry proposal for aviation fuel to be brought under the unified Goods and Services Tax (GST), the finance minister said after a meeting of ...

On 1 July 2017, India introduced a Goods and Services Tax (GST) with the objective of replacing the dense thicket of national, state and local taxes on consumption with a single tax. If it is ...