Unlike the states, the Union did not have the cushion of compensation for a revenue shortfall in the initial years ...

The GST Council has been evaluating a restructuring of the rate slabs, potentially moving to a simplified structure of two or ...

The Finance Ministry ruled out immediate GST rate cuts, stating the GST Council awaits a key report. Minister Pankaj ...

Realigning items between the 5% and 18% categories.

Union Minister blames state government for issuing tax notices to petty traders, dismisses state’s claims as misleading and ...

India should relieve businesses operating across jurisdictions of the need to register and comply with multiple sub-national ...

Nomura said scrapping the 12 per cent GST slab could bring major tax relief for tractors and ACs, boosting demand and pricing ...

Formula 1 didn’t leave India because of a lack of fans or infrastructure. It left because of unclear policies, tax confusion, ...

Kerala Advance Ruling clarifies GST on rehabilitation services. Radiantminds Rehab LLP's services are taxable at 18% under ...

The Report suggests that the number of female taxpayers is on rise in the country, as of now one fifth of the GST registered ...

India’s attempt to use varying tax rates to make an indirect (and thus regressive) tax system like GST progressive is fraught ...

Understand GST composition for bakeries. Learn if your bakery qualifies as a manufacturer (1% GST) or restaurant (5% GST), ...