GST reduction News

India's New GST Rate Cuts Set to Boost Auto Sales, Benefit First-Time Buyers and Middle-Class Families

India's GST Council reduces vehicle tax rates to 5% and 18%, benefiting first-time buyers and middle-income families. Industry leaders welcome the move but seek clarity on compensa...

Indian Staffing Federation Advocates for Lower GST to Boost Formal Employment and Sector Growth

The Indian Staffing Federation proposes a GST reduction from 18% to 5% on employment services to boost formal job creation, arguing it would have minimal fiscal impact but signific...