The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation.
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
"We are supporting the move of the Prime Minister. Assam's view is to lower GST to 5% and 18%. We will completely support the decision of the Government of India," Sarma said while speaking to the reporters here.
Union Minister of Commerce and Industry, Piyush Goyal, chaired a meeting with Export Promotion Councils (EPCs) and Industry Associations on Wednesday to address rising global tariffs, explore solutions, and chart a path forward amid shifting trade dynamics.
The All India LPG Distributors Federation has appealed Finance Minister Nirmala Sitharaman to reduce the Goods and Services Tax (GST) on LPG Suraksha Hoses (LPG pipes) from 18 per cent to 5 per cent.
New Delhi [India], September 3: Mr. S VASUDEV JI- Administrator of the National Industrial Research Development Council (NIRDC) building, was inaugurated in a grand ceremony held on 28 August 2025 at Udyog Vihar, Phase-2, Gurugram, National Capital Delhi NCR. Union Minister of State for Food
The Korean Film Council has selected Park Chan-wook's 'No Other Choice' as the country's submission for best international feature at the upcoming 98th Academy Awards
Health and term insurance premiums may become cheaper if the Goods and Services Tax (GST) Council approves rate cuts at its meeting, which began here on Wednesday.
The global funding target set for COP30 is far behind schedule with only 4-5 per cent of the promised USD 1.3 trillion achieved so far, according to Vishwas Chitale, Fellow, Climate Resilience, Council on Energy, Environment and Water (CEEW).
The two-day meeting, being held on September 3 and 4, is expected to bring significant changes to India's indirect tax structure, with discussions centred around rationalising and reducing the number of GST slabs.
He also expected that the two-slab structure would simplify tax compliance and reduce the burden. The proposed GST structure includes two slabs: 5% and 18%. This aims to streamline the current four-slab system, which provides for rates of 5%, 12%, 18%, and 28%.