As the financial year ends, businesses and taxpayers must meet critical GST-related deadlines to avoid penalties and maintain ...

Indian Government has clarified there are no current plans to reduce import duties on lifesaving medical equipment. Most medical devices attract a basic customs duty (BCD) ranging from 7.5% to 10%, ...

Goods and Services ... adding that the rates at present are lower than what they were when the indirect tax reform was rolled out in 2017. The GST Council chaired by the union finance minister ...

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 ...

Finance Minister Nirmala Sitharaman on Saturday announced that Goods and Services Tax (GST) rates will be further reduced, with the process of rationalising tax rates and slabs nearing completion.

Also, there is cess (1 to 22 per cent) on some goods such as automobile over and above GST rate of 28 per cent.

A day after Union Finance Minister Nirmala Sitharaman announced that Goods and Services Tax (GST) rates would be further rationalised, the Congress on Sunday (March 9, 2025) argued for “more ...

Its grand success requires that the tax burden be moderate, coverage comprehensive, administration use cutting-edge technology, and dispute resolution swift and fair.