A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre’s plan to reduce the number of tax slabs.

NEW DELHI: India’s federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers’ panel has endorsed the new rate ...

GST GoM approves Centre’s proposal to replace 4-tier system with 5% and 18% slabs; luxury goods to face 40% tax.

Sensex closed at 82,000.71, up 142.97 points or 0.17 per cent. Continuing the rally for the fourth consecutive session, the 30-share index opened with a decent gap-up at 82,220.46 against last session ...

I got my power from She Shakti. When you support women, you are supporting the world: Lakshmi Venkataraman Venkatesan, ...

GST and TDS on earning snipped 6 percent real money gaming revenues, which total nearly 80 percent of income for the sector ...

The panel is tasked with reviewing the Centre’s proposal to move 99 per cent of goods currently taxed at 12% to the 5% slab and 90 per cent of goods and services in the 28% slab to the 18% bracket.

The Indian stock market is witnessing a surge, with the benchmark Sensex gaining 2,000 points in six consecutive sessions, marking its longest winning streak since April.

The government has proposed a reduction of GST from 28 percent to 18 percent on small cars by Diwali this year. Tap here to read about the potential pros and cons.

Indian government bond yields rose above 6.5% as markets react to potential fiscal implications of the proposed Goods and Services Tax (GST) structure overhaul.

Bihar Deputy Chief Minister Samrat Choudhary, who is the convenor of the GoM on rate rationalization, said the GoM has ...