India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the principle of "one nation, one tax, one market". It was hailed as the biggest tax reform since independence from Britain in 1947.

Prime Minister Modi’s announcement for a sweeping GST rationalisation has put the consumption theme back in the spotlight. Analysts say the move to a two-rate structure could cut prices and boost demand across autos,

A report by Tata Mutual Fund highlighted that the life and health insurance, currently taxed at 18%, could fall to 5% or even zero in select cases. This move would make policies more affordable, encourage wider adoption,

Prime Minister Modi's recent GST reforms could reshape India's economic landscape by potentially easing inflation and providing the Reserve Bank of India (RBI) the opportunity for rate cuts. Experts weigh in on the implications of these changes for consumers and the broader economy.

India’s economic outlook could be set for a major shift, with three key developments — the recent S&P credit rating upgrade, a major revamp of the GST structure and changing US trade tariffs — likely to play a crucial role in shaping the country’s growth path,

The report suggests that if the GST rate for smaller cars is reduced from the current 28% to 18%, consumers may see a price decrease of approximately 8% on these vehicles.

Hyderabad: BRS working president KT Rama Rao has demanded that the Centre completely remove goods and services tax (GST) on handloom products and on a.

The Government of India is reportedly considering GST (Goods and Services Taxes) reforms by slashing taxes on the purchase of entry-level two-wheelers and smaller four-wheeler vehicles.

India is looking to slash a local tax on small cars to 18% while levies on premium cars may be pared to 40%, people familiar with the matter said, as the Narendra Modi-led government seeks to bolster consumption demand.

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday goods and small cars from October, in a move seen as boosting his his image amid trade tension with Washington.

Industry body calls for lower GST on mobile phones, citing their vital role in digital inclusion and affordability for over 90 crore Indians.