In the automobile segment, GST on petrol and petrol-hybrid cars, as well as LPG and CNG variants not exceeding 1200 cc engine capacity and 4000 mm length, has been reduced from 28 per cent to 18 per cent.
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.
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
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
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.
Taiwan President William Lai urged strengthening defence and national unity, warning that China's military activities threaten Taiwan and the democratic world. He highlighted reforms, increased defence spending, and public solidarity as key to safeguarding sovereignty and democracy, praising
The upcoming next-generation Goods and Services Tax (GST) reforms will further simplify tax processes and reduce compliance burdens, particularly for small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.
New Delhi [India], September 2: Himachal Pradesh has emerged as one of India's leading states in education reforms. Under the leadership of Shri Rajesh Sharma, IFS (2000 batch), the state has moved from Rank 21 in PARAKH Rashtriya Sarvekshan 2021 to being among the Top 5 in PARAKH Rashtriya
Uttarakhand Chief Minister Pushkar Singh Dhami on Monday inaugurated the "Saathi Kendra" at Hemvati Nandan Bahuguna Government Post Graduate College, Khatima, in collaboration with IIT Kanpur.
Uttar Pradesh CM Yogi Adityanath directed officials to frame a transparent and humane policy for premature release of sick, elderly, and disabled prisoners, excluding convicts of heinous crimes. A statewide survey and automatic review of eligible cases were proposed.
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the