Soon after Prime Minister Narendra Modi underscored the importance of the next generation of reforms under Goods and Services Tax, the Finance Ministry proposed a two-slab GST rate structure along ...

Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed changes include a simplified two-slab structure and rate rationalization.

The comprehensive overhaul of the rate structure of the goods and services tax (GST) under the Next Gen reforms is seen to have significantly lowered the tax liability on households, which is expected ...

The buzz indicates that the Indian government is planning to propose a two-rate GST structure. The buzz indicates that the Indian government is planning to propose a two-rate GST structure. The ...

The finance ministry on Friday said it has proposed a two-slab GST rate structure to the Group of Ministers (GoM), along with special rates for select few items, as the government looks to unveil ...

The GST Council has approved a significant overhaul of the Goods and Services Tax regime, reducing tax rates on numerous common use items and simplifying the tax structure to boost domestic spending.

Union Home Minister Amit Shah has said the new GST structure, which came into effect today, is a "trust-based tax system" that would increase both production and consumption in the country. While ...

NEW DELHI: In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has reportedly given its consent for the Goods and Services Tax (GST) rate ...