After months of dithering, the Union government has proposed to prune the Goods and Services Tax (GST) structure from the existing four slabsâ 5 per cent, 12 per cent, 18 per cent and 28 per centâ to ...

Article explains five common compliance mistakes after the 22 September 2025 GST rate changes, covering rates, ITC, transition stock, IMS and GSTR-1A ...

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 latest rationalisation of GST slabs has sent a quiet but significant signal: tax rates are no longer untouchable. In the past, governments have hesitated to fiddle with tax rates much, on the ...

GST enters its 10th year with slab reforms underway, but key sectors remain outside the tax net as revenue growth and tax-GDP ...

It’s been just a few days since Finance Minister Nirmala Sitharaman, during the 56th GST Council meeting, announced the much-awaited GST 2.0 reforms. Since then, sectors across the economy, including ...

Mumbai: The cost of an ongoing Mithi river project may increase by over Rs 21 crore as the civic administration has sought the standing committee’s approval to revise the contract value from Rs 604.3 ...

Starting September 22, 2025, the new GST rules for automobiles will kick in with just two tax slabs, 18 per cent & 40 per cent, while electric vehicles stay at 5 per cent. This means cars, bikes, ...

GST 2.0: Big festive bonanza for consumers. Starting September 22, multiple products of daily use will see a price reduction as revised Goods and Services Tax (GST) of two slabs come into effect.

The Goods and Services Tax (GST) Council’s decision to adopt a simplified two-slab structure, along with lower rates on essential construction materials such as cement and steel, has stirred wide ...

Union Finance Minister Nirmala Sitharaman on Wednesday said the next generation GST reforms will infuse Rs 2 lakh crore into the economy, leaving people with more cash in hand that otherwise would ...

Just ahead of the festival season, August saw passenger vehicles (PV) sales decline as buyers stalled their purchasing decision in anticipation of the GST rate cut. Following Prime Minister Narendra ...