GST reform News

India's Major GST Reform: Piyush Goyal Hails Game-Changing Tax Rationalization That May Shield Economy from US Tariffs

India implements major GST rationalization with rate cuts across sectors. Piyush Goyal calls it game-changing, while analysts say it may cushion against US tariff impacts. Reforms ...

Major GST Overhaul Unveiled: New Tax Rates on Cars, Gold, Mobiles, EVs and Cigarettes Explained

India's GST Council announces major tax reforms with simplified slabs: 5%, 18%, and new 40% for luxury/sin goods. Small cars drop to 18%, EVs stay at 5%, insurance becomes exempt, ...

Revolutionizing Taxation: How the New GST Structure Aims to Balance Central and State Revenues

The government's proposed two-slab GST structure aims to balance central and state revenues, promising enhanced consumption and tax collections. With equal revenue sharing and addi...

India's GST Overhaul: 40+ Stocks Poised for Growth as Tax Rates Slash Across Sectors

Prime Minister Narendra Modi's GST restructuring announcement has identified over 40 stocks across sectors as potential beneficiaries, with significant gains in automotive, financi...

India's GST Overhaul: A Game-Changer for MSMEs and Consumers Under PM Modi's Leadership

India's business community welcomes PM Modi's GST overhaul, aiming to simplify tax slabs and boost economic growth, benefiting MSMEs and consumers alike.

GST Overhaul: India Proposes Simplified Tax Slabs with 5% and 18% Rates, Sin Goods Hit with 40% Levy

The Indian government proposes a simplified GST structure with two main slabs of 5% and 18%, aiming to eliminate the current 12% and 28% rates. Sin goods will be taxed at 40%, whil...

Key GST Reforms on the Horizon as Ministers Convene Next Week for Crucial Talks

A group of ministers is set to discuss crucial GST reforms next week, including potential rate reductions and adjustments to the tax regime, amid opposition concerns over revenue i...