At present, small passenger vehicles of up to 4 metres in length and engine capacity up to 1,200 cc (petrol, CNG, LPG) ...

The long-anticipated reduction in GST on insurance is under active consideration by the government, although it is expected ...

The Finance Ministry has sent its proposal to the GST Council for two GST rates of 5 per cent and 18 per cent across all ...

The meeting will also consider tax rates on life insurance products such as term insurance and investment-linked plans, as ...

In a mega boost to the auto sector, the Union government is believed to have recommended lowering GST on small cars and two-wheelers to 18% from the current slab of 28%, sources said. Also, in what ...

The Goods and Services Tax (GST) reform announced by PM Narendra Modi would cost the government over Rs 1 lakh crore annually ...

Key beneficiaries from the proposed GST rate adjustments include sectors like cement, two-wheelers, and air conditioners.

The proposed new GST regime will likely have meaningful impacts on growth, fiscal balance and CPI inflation, with ...

India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping ...

Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...

States claimed that as per their internal assessment the revenue growth rate could slow to 8 per cent. “As per our assessment ...

Moreover, electric vehicles (EVs) may lose their tax arbitrage, say analysts. Kumar Rakesh at BNP Paribas Securities India ...