About 30 cancer medicines are likely to be made entirely tax-free, along with certain life-saving drugs for rare diseases. Medical-grade oxygen, iodine, and potassium iodate may also see a tax cut ...

The Goods and Services Tax Council, which is led buy the Union Minister of Finance Nirmala Sitharaman, is set to rollout the ...

India’s proposed GST reform could deliver a significant fiscal stimulus and ignite a fresh wave of consumer demand ahead of Diwali 2025. Read more here.

Indian Prime Minister Narendra Modi's plans for sweeping tax cuts are at risk of facing a delay as states governed by key ...

From fertilisers to textiles and automobile parts, the Group of Ministers is set to recommend revision of the goods and ...

The revamped GST 2.0 rates will be simplified into two slabs (from the existing four) of 5% and 18%, with a 40% sin and ...

Refunds can now be claimed irrespective of the Demand ID status. efunds are allowed even when the cumulative balance is ...

While states are pressing for compensation due to GST restructuring, the Centre does not favour one. While it's ready to look into their concerns, it feels a rise in consumption will offset any ...

Explore the upcoming GST 2.0 reforms in India, including a two-rate system, automation, and a new tribunal to simplify taxes ...

Finance ministers from eight states propose additional levy on sin and luxury goods to maintain GST revenue neutrality.

Centre proposes tax cuts on food, textiles and cars, and may exempt insurance. Kerala warns of a ₹10,000 crore revenue hit.

He also said that slapping taxes on equipment that helps so many live a life of dignity is akin to "paying GST on walking".