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India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
Finance Minister Nirmala Sitharaman on Wednesday said the next-generation GST reforms is a step towards making India Aatmanirbhar and the central government looks at building consensus with states in ...
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would ...
The Indian automotive industry could soon witness a GST cut on cars, and here's what the cut holds for the buyers and ...
Lower prices during the festive season will likely encourage more people to buy vehicles. This move is expected to increase demand across the auto sector, including two-wheelers, small cars, and ...
India's equity benchmarks are set to open higher on Tuesday, building on gains from the previous session, led by optimism ...
Finance Minister Nirmala Sitharaman proposed GST reforms to the Group of Ministers, aiming to exempt individual health and ...
India's equity benchmarks rose on Thursday, as gains in financials buoyed by a proposal to exempt insurance premiums from tax ...
Why it matters: Simplifying GST could ease compliance for millions of businesses, boost disposable incomes, and stimulate ...
Beyond GST, Gupta pointed to additional expenses: fuel, tolls, and state road taxes that range from 5% to 21%. If states ...
The report suggests that if the GST rate for smaller cars is reduced from the current 28% to 18%, consumers may see a price ...