Notebook manufacturers are calling for a review of the new GST rates, highlighting an inverted duty structure that may ...

The Centre is advocating for a 5% GST on electric vehicles as part of a broader tax overhaul, aiming to simplify the GST structure to two main slabs: 5% and 18%. This reform seeks to lower taxes on ...

Tax system simplification: A list of items and market buzz about what becomes cheaper or dearer Stimulating demand: A focus on measures to boost domestic consumption Benefits for citizens and small ...

The Goods and Services Tax (GST) reforms announced on September 3, 2025, in New Delhi are set to make watching cricket at stadiums more expensive. The GST Council, chaired by Finance Minister Nirmala ...

Experts said the increase in GST on coal will lead to a hike in electricity tariffs. The GST Council, which will meet here on Wednesday and Thursday, is likely to raise the goods and services tax (GST ...

Nirmala Sitharaman at the GST Council press briefing. In an impromptu press conference on Thursday, held at 10:00 PM to brief about the outcome of the GST Council meeting, Finance Minister Nirmala ...

The new framework brings in two primary tax rates of 5% and 18%, while ultra-luxury and sin goods will be taxed at 40%.

As part of the new GST ate structure, a high tax slab of 40% has been introduced for luxury items and sin goods. (Image: PTI) Finance Minister Nirmala Sitharaman has announced big changes in the Goods ...

A new 40% slab of GST will come into effect on September 22, along with all new rates. The 12% and 28% slabs are gone, and only the 5% and 18% ones from the current four remain. Cigarettes are now in ...

The BJP has created a comprehensive action plan for GST reforms, engaging state and district units to inform the public through 'choupals' and various programs. The BJP has planned a nationwide ...

Announcing the outcome of 56th GST Council meeting, Finance Minister Nirmala Sitharaman on Wednesday (September 3, 2025) said all individual life insurance policies whether term life, ULIP or ...

Opposition-ruled states will demand firm assurances from the Centre on compensation for revenue losses arising from the rationalization of goods and services tax slabs at the 56th GST Council meeting, ...