India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping ...

The Finance Ministry has sent its proposal to the GST Council for two GST rates of 5 per cent and 18 per cent across all ...

Consumers are expected to delay purchases of items likely to benefit from GST cuts. This could hurt near-term demand.

The long-anticipated reduction in GST on insurance is under active consideration by the government, although it is expected ...

India's equity benchmarks are set to open higher on Monday, buoyed by cooling Russian oil supply concerns after a meeting ...

The proposed new GST regime will likely have meaningful impacts on growth, fiscal balance and CPI inflation, with ...

States claimed that as per their internal assessment the revenue growth rate could slow to 8 per cent. “As per our assessment ...

Moreover, electric vehicles (EVs) may lose their tax arbitrage, say analysts. Kumar Rakesh at BNP Paribas Securities India ...

The news comes against the backdrop of Prime Minister Narendra Modi’s big announcement from the ramparts of Red Fort in the ...

In a mega boost to the auto sector, the Union government is believed to have recommended lowering GST on small cars and two-wheelers to 18% from the current slab of 28%, sources said. Also, in what ...

MSI Chairman R C Bhargava says GST restructuring is a vital reform for India's economy. Proposal details & automotive ...

Businesses and political pundits nonetheless praised tax cuts, saying they will bolster his image in his trade fight with ...