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GST overhaul News

India's GST Overhaul: A Rs 1.1 Trillion Revenue Shift That Promises Consumer Relief and Economic Stimulus

Olivia Carter 19 Aug, 2025

India's proposed GST overhaul could lead to a Rs 1.1 trillion revenue loss but promises to stimulate consumption and benefit consumers and small industries. The plan includes simpl...

Business

Major GST Overhaul Approved: 12% Tax Slab May Be Eliminated in Upcoming Reforms

Jessica Bennett 16 Jul, 2025

The Goods and Services Tax (GST) is set for a major overhaul, with the 12% tax slab possibly being eliminated. The PMO has approved the restructuring, aiming to simplify the tax sy...