The Centre is bracing for a potential revenue shortfall of Rs 40,000 crore as it prepares to overhaul the Goods and Services Tax (GST) structure, according to Finance Ministry sources. The Fitment ...
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Budget 2026 income tax: Will GST-style fewer tax slabs be brought under new income tax regime?
Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax ...
GST rate cuts coming soon! The Goods and Services Tax (GST) Council will meet for a two-day session starting September 3, as per the notice issued. The meeting comes within days of PM Narendra Modi ...
With GST entering a consolidation phase in 2026, experts argue that fine-tuning through inverted duty structure correction, MSME compliance simplification and data-led enforcement will matter more tha ...
Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand.
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
Builders under the 1%/5% GST regime must still meet the 80% registered procurement rule. Non-compliance attracts cash RCM ...
TIRUPATI: Commissioner P Anand Kumar of the Guntur Audit Commissionerate, Andhra Pradesh, said GST 2.0 represents a reset of India’s indirect tax system by simp ...
A 10-15 per cent demand boost is expected post-GST reform, but high import duties and global price pressures are limiting ...
Electric vehicle manufacturers urge the government for adjustments in the GST structure to maintain the affordability and ...
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