Industry seeks Finance Ministry assurance on GST rate cuts; warns of duty inversion risks
India’s landmark move towards the next generation of Goods and Services Tax (GST) reforms has sparked concern among key industries. […]
GST rate on cement likely to be slashed from 28% to 18%
The GST Council will discuss a plan to slash levies on a host of products including cement, mass-consumption services such
GST waiver on health insurance to cost Bengal Rs 900 cr annually: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Wednesday said that a cut in Goods and Services Tax (GST) on health
Food Ministry forwards veg oil GST refund request to Finance Ministry
The food ministry has forwarded the vegetable oil industry’s request to the finance ministry, seeking to lift tax refund restrictions
States concerned about potential revenue losses from GST rate rationalisation
Even as states have shown support to the Centre’s proposal to rationalise rates of goods and services tax (GST), concerns
Madras HC advocate flags Flipkart over alleged GST loophole exploitation
A practicing advocate of the Madras High Court has written to Finance Minister Nirmala Sitharaman, raising alarm over what he
Textile exporters seek 10% direct subsidy from govt to survive in a post-tariffs era
The textiles and apparel industry, which contributes 2.3% to India’s GDP, 13% of industrial production, and 12% of exports, is
From July 2017 to Diwali 2025: India’s evolving GST journey explained
In his August 15, 2025 address from the Red Fort, Prime Minister Narendra Modi said the government would roll out “next-generation” GST
Income tax rules revised: Higher limits for perquisite taxation of salaried individuals
The Central Board of Direct Taxes (CBDT) has notified new income threshold limits for calculating tax-free perquisites (perks) under the
GST rate cuts to benefit Quick Service Restaurants (QSRs): Report
Quick Service Restaurants (QSRs), which are largely concentrated in metro cities, have been impacted by weak consumer demand, high competitive
