GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...
Overall, the GST rate cut represents a structural positive for the automotive sector. In one of the most significant tax reforms in recent years, the GST Council’s rate rationalisation marks a ...
The GST Council has approved a significant tax hike on sin and luxury goods, introducing a new 40% slab for items like tobacco, aerated drinks, and premium vehicles. This restructuring aims to ...
The GST Council has approved a significant overhaul of automobile taxation, set to take effect on September 22, 2025. Small cars, entry-level motorcycles, and commercial vehicles will see reduced GST ...
GST Council simplified rates to 5% and 18%, with cigarettes, chewing tobacco and pan masala like sin goods kept at 40%. The Goods and Services Tax (GST) Council on Wednesday approved a new two-slab ...
GST on clothes and shoes up to ₹2,500 may get lower. GST Council Meet: The GST Council led by Finance Minister Nirmala Sitharaman on Wednesday decided to bring footwear and apparel priced till ₹2,500 ...
PM Narendra Modi hailed the GST reform, saying it will benefit farmers, MSMEs, traders, and the middle class, while giving a strong boost to the economy. The GST Council on Wednesday approved a major ...
Until now, all passenger vehicles except EVs attracted 28 per cent GST plus a cess of up to 22 per cent, depending on configuration. The Goods and Services Tax (GST) overhaul announced by Prime ...
The GST Council has overhauled India’s tax slabs. Essential food items and beverages will see cuts, while soft drinks, caffeinated drinks, and sugary products face hikes to 40%. Changes take effect ...
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