The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed ... final prices of goods and services. GST rates range from 0 percent to 28 percent ...

Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the ...

In today’s newsletter, we look at how doing business in India continues to be challenging because of bureaucratic hurdles and tax disputes. But first, are goods and services tax (GST ...

She said that the revenue neutral rate (RNR) has come down from 15.8 per cent at the time of the launch of GST on July 1, 2017, to 11.4 per cent in 2023.

In contrast, it had ranked second and third in India in terms of GST growth rate in FY18-FY19 and FY19-FY20. Chart 1 compares the GST growth rates for India and Manipur. Manipur’s GST growth ...

Central banks and policymakers monitor reserves closely and adjust their levels based on changing economic conditions, exchange rate dynamics ... GST was introduced in India on July 1, 2017.

Goods and Services Tax (GST) Council is in the final ... Sitharaman said the sentiment of faith in India's potential was "missing", leading to a growth rate of about 6.5-6.7% for FY26.

India is considering increasing GST on tobacco products, including cigarettes, after the cessation of the compensation cess in 2026. A proposal to elevate GST to 40% plus additional excise duty ...

We should, however, aim to refine data collection further, incorporate other data sources (like GST ... of India’s gross domestic product (GDP) for 2023-24, revising the GDP growth rate at ...

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". Photograph: ANI Photo She ...