In 2025, Prime Minister Narendra Modi announced significant Goods and Services Tax (GST) reforms, marking the most substantial overhaul of India's indirect tax system since 2017.
Samsung aims for double-digit growth by 2026, fueled by GST rate cuts boosting consumer spending on electronics in India.
GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after the all-powerful GST Council on Wednesday approved a ...
Delhi High Court has asked the Union government to explore temporary GST relief on air purifiers amid rising pollution, ...
Bench calls for urgent meeting to review 28% tax slab on air purifiers amid Delhi's worsening air pollution crisis; petitioners argue high GST hinders public access to essential health devices ...
On May 6, 2024, the Treasury Department published TD 9996, “Relief Provisions Respecting Timely Allocation of GST Exemption and Certain GST Elections.” These regulations address the circumstances and ...
Parliament was told that GST paid on MPLADS projects is part of execution cost and does not reduce the ₹5 crore yearly entitlement. Project sanctions already factor in tax components to stay within ...
While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...
India’s gross GST collection rose at a slower pace of 0.7% in November at Rs 1.70 lakh crore from Rs 1.69 lakh crore in November 2024. According to the government data released on Monday, December 1, ...
Indian tax authorities issue income tax and GST notices to companies for discrepancies in filings, AIS data, ITC claims, ...
India's GST collection in November rose marginally to Rs 1.70 lakh crore, showing steady consumption despite a slowdown in domestic revenue. The year-to-date mop-up remains strong, supported by ...