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%, ...

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

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 ...

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 ...