In a mega boost to the auto sector, the Union government is believed to have recommended lowering GST on small cars and ...

Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight.

In case the GST on health and term insurance is completely abolished, then the insurance companies may lose their ability to claim input tax credit (ITC), which in turn may hike their operating costs, ...

The finance ministry’s wider tax rationalisation plan proposes two key GST rates, 5% and 18%, with a steep 40% reserved for luxury and sin goods, alongside a roadmap to phase out the compensation cess ...

The appliances sector is hoping that GST reforms, coupled with repo rate revisions could result in price reductions of ACs ...

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 ...

Industry leaders caution that without ITC, expenses subject to 18% GST—like office rentals and technology costs—would become ...

All two-wheeler makers would also benefit, with domestic players expected to gain more. However, such a move could impact GST ...

HSBC noted that under a new regime, the government may consider reducing the tax on smaller cars to 18 per cent from 28 per ...

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 Tuesday, building on gains from the previous session, led by optimism ...

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