The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22. The decision was taken after a marathon day-long GST Council meeting ...

While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...

India has shown rare fiscal maturity in 2025 by successfully concluding GST 2.0 and retiring the compensation cess—gains that ...

By Smita Singh A critical aspect of GST implementation over the past 8 years to some extent has been policy variability. In ...

GST rates slashed for several items! Essential everyday items including roti/paratha, hair oil, ice creams and televisions are set to become cheaper, whilst personal health and life insurance will ...

Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand.

The new GST regime might have rationalised rates but it systematically favours large agribusinesses, quietly discouraging small farmers ...

The Budget Session will commence on January 28 and continue till April 2, with one break. The Union Budget 2026-27 will be ...

Bombay High Court grants interim relief to Himesh Foods Pvt. Ltd. in Mad Over Donuts GST dispute, impacting restaurant and ...

The GSTN now allows hotels to declare premises as “specified” online, determining whether restaurant services attract 18% GST ...

The tribunal held that failure to reduce ticket prices after a GST rate cut amounted to profiteering and upheld recovery of ...

Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...