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Explainer-India's complex GST tax and how Modi's reform will make goods cheaper

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

Most goods, services under GST to be in 5 per cent and 18 per cent slab

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

Modi Says India to Cut Goods and Services Levy in Reforms

India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

Modi Bolsters India’s Economy With Tax Cuts Ahead of US Tariffs

India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...

Group of Ministers on GST okays simpler tax structure: Nod for scrapping 12% and 28% slabs

The Group of Ministers on rate rationalisation endorsed the Centre’s plan to introduce a simpler structure, replacing the ...
Tax Guru5d

Maharashtra Goods and Services Tax (Amendment) Act, 2025

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 ...

Ministers greenlight two-rate GST, tax relief likely on a range of items

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...
Swarajya1d

GST 2.0 Reforms: GoM Panel Backs Simplified Indirect Tax Regime With 5 Per Cent and 18 Per Cent Slabs, Says Report

The Group of ministers (GoM) appointed for the upcoming Goods and Services Tax (GST) reforms has endorsed a major rate ...

India government has not quantified loss to exchequer due to tax cuts, says state minister

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates ...

Will the government's proposal for two GST slabs—5% and 18%—under a revamped tax regime benefit homebuyers?

The government's proposed GST reform may lower housing costs, but will developers pass these savings to buyers? Experts weigh in on the potential impact ...