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India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
The proposed Goods & Service Tax (GST) reforms, entailing only two primary slab rates against the current five, is likely to ...
The ex-showroom price of any vehicle is inclusive of GST. A reduction in the tax, from 28% to 18%, will directly bring down the ex-showroom price, and consequently, the on-the-road price.
Karnataka Revenue Minister expresses concerns over GST rate rationalisation impact on state revenues, seeks protection ...
According to industry sources, any cut in the GST on insurance rates will have to be accompanied with input tax credit claim, ...
Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight.
Union Finance Minister Nirmala Sitharaman will attend a meeting of a state ministerial panel today to present the Centre’s ...
Estimates by Emkay Global Financial Services suggest that the reforms could cost the exchequer over Rs 1.2 trillion annually ...
GST 2.0, as proposed, aims to lower the effective weighted average GST rate to 9.5%, boosting consumption by ₹5.5 lakh crore.
SBI research report predicts ₹45,000 crore revenue loss due to GST rate rationalisation, with minimal impact on fiscal ...
Uttar Pradesh targets insurance firms for GST compliance, issuing notices to verify tax payments and enhance revenue, ...
Indian telecom bodies are urging the government to reduce GST rates on mobile phones from 18% to 5%, arguing that phones are essential infrastructure in today's digital economy.
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