While the introduction of GST has generally resulted in reduced ... Most of the unbranded and unprocessed food articles were exempt from indirect taxes earlier. This position has continued under ...

As an option, the government may consider a strategic reform of the current indirect tax landscape ... necessarily require an immediate introduction of a new tax. Instead, a well-thought-out ...

The expert pointed out that US state sales tax ranges from 2.9% to 7.25%, whereas European nations impose VAT between 17% and ...

Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the Federal indirect tax body said on ...

Since its introduction in July 2017 ... 63 paise will come from direct and indirect taxes. Among indirect taxes, the Goods and Services Tax (GST) will contribute the maximum, with 18 paise ...