GST 2.0: A report by SBI Research has revealed that even though consumption may reach around 1.98 lakh crores due to GST reforms, the government's revenue may suffer a loss of up to 85,000 crores. GST ...

GST Council’s next meeting may ease compliance, address ITC refund issues, include electricity & gas under GST, and propose ...

Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

The CBIC said that the revised CGST rates on goods have been notified through Notification No. 9/2025-Central Tax (Rate), dated September 17, 2025. This notification has been issued in supersession of ...

The new GST structure will have two slabs of taxes, 5 per cent and 18 per cent, with sweeping rate cuts across agriculture, MSMEs, healthcare, labour-intensive industries, and households.

The commerce ministry directs retailers to prominently display GST discounts. Consumers should see these reductions clearly on receipts as 'GST discount'. This applies especially to high-impact ...

Andhra Pradesh government seeks alternative revenue sources to offset GST reforms impact, focusing on pending dues and ...

The new GST regime, which came into effect on September 22, simplified the previous multi-tier structure into two main slabs of 5 per cent and 18 per cent. The overhaul aims to reduce the tax burden ...

The Centre will issue a notification this week to retain the goods and services tax (GST) rates for brick and tobacco products at 12 percent and 28 percent, government sources said. The move carves ...