India's Goods and Services Tax (GST) is poised for a major overhaul since its 2017 launch. A key change involves potentially moving items from the 12% GST slab to the 5% bracket, offering relief to ...

Union Finance Minister Nirmala Sitharaman on Wednesday said the next generation GST reforms will infuse Rs 2 lakh crore into the economy, leaving people with more cash in hand that otherwise would ...

New Delhi, Aug. 21 -- India's long-awaited overhaul of the Goods and Services Tax (GST) has taken a major step forward, with the Group of Ministers (GoM) on rate rationalisation agreeing to cut the ...

NEW DELHI: The proposed Goods and Services Tax (GST) restructure aims to bring respite to the growing aspirational middle class, confirmed sources from the Ministry of Finance. Thus, the GST on goods ...

New Delhi: Finance Minister Nirmala Sitharaman said on Wednesday that changes in the GST structure will bring relief to common people, farmers, the middle class, and small businesses (MSMEs). Under ...

Union finance minister Nirmala Sitharaman said at a key meeting on Wednesday on the Goods and Services Tax (GST) that a rejig in the rates — reducing it mostly to two slabs of 5% and 18% — will ...

Starting today, India's middle class can expect to save thousands, even lakhs, annually, thanks to sweeping 2025 GST reforms that slash taxes on essentials, insurance, cars, and electronics. The Modi ...