Prime Minister Modi announced next-generation GST reforms aimed at reducing the tax burden, with potential implementation by ...

Act, 2025, introduces changes, including a new "track and trace" mechanism for certain goods, penalties for non-compliance, and amendments to input tax credit and appeal ...

Mumbai: Two company directors were arrested in separate cases for fraudulent Input Tax Credit (ITC) claims, collectively ...

The central government has proposed two tax rates of 5% and 18% in the revamped Goods and Services Tax (GST), slated to ...

The proposed 'Next Gen GST' aims to streamline India's tax system by reducing four tax slabs to two, benefiting everyday ...

PM Modi, in his Independence Day speech, announced next-gen GST reforms ahead of Diwali. While essentials will get cheaper, ...

A simple guide to GST registration for small businesses in India. Understand the process, required documents, and benefits of ...

A proposed blueprint aims to simplify the tax structure, reducing rates on essentials. Potential shifts include abolishing the 12% slab, creating three slabs: 5%, 18%, and 40% for sin goods. Costs for ...

Describing the proposed GST tax reforms as ‘Next Gen GST’, senior government officials on Saturday said that the two-slab tax ...

The delay stems from a combination of legal setbacks, administrative inertia and Centre–state coordination failures ...

Currently, GST has four main slabs — 5%, 12%, 18% and 28% — plus special rates of 0.25% and 3%, with items like tobacco and ...

The proposed GST reforms, by the Centre, may reduce the number of GST slab rates to only 5% and 18%. Nearly 90% of the items ...