Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, ...

Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...

A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...

As is the case every year, the build-up to Budget 2025 was filled with expectations. The Economic Survey made a clear ...

Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...

GST Council sets up GoM to suggest changes in GST rates, aiming to reduce slabs for better tax rationalization.

Finance Secretary Tuhin Kanta Pandey emphasized the need for GST rate rationalization after gaining implementation experience ...

The GST Council, which includes representatives from both the central and state governments, meets regularly to review tax ...

As per the decisions taken in the 55 th GST Council meeting government has amendment in CGST Act, 2017 in the budget 2025, after this amendment specifically provide for the requirement of reversal of ...

(a) the recommendations of GoM constituted by GST Council on the issue of insurance premiums which endangers social security of the ordinary people and insurance penetration to the common masses; (b) ...

Finance Secretary Tuhin Kanta Pandey emphasizes the need for GST rate rationalization, highlighting the importance of ...