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India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
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AC, TV Dealers See Spike In Sales On Day One As Lower GST Rate Takes Effect
As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.
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Here's How New GST Slabs Affect Car Prices In India
The Union Minister announced the new GST structure for the country, bringing the GST rate on smaller cars down to 18 per cent.
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Here's How New GST Slabs Affect Motorcycle Prices In India
Union Finance Minister Nirmala Sitharaman announced the new GST structure yesterday, with bikes above the 350cc category receiving 40 per cent GST.
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Despite 40% GST, Big Cars And SUVs May Become Cheaper: NDTV Explains
Union Finance Minister Nirmala Sitharaman announced the new tax infrastructure yesterday. Here's what luxury car buyers get with the new GST regime.
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What Are Sin Goods And Why They Attract The Highest GST Rate
The government has introduced a new 40% Goods and Services Tax (GST) slab, the highest in the regime, for "sin goods" and certain luxury items.
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Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
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Explained: GST Reforms Coming Soon. How You Will Benefit
India is set to witness major reforms in the Goods and Services Tax (GST) regime this year. These "next-generation" reforms would drop by before Diwali, Prime Minister Narendra Modi promised this morning.
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"India Doesn't Work Under Pressure": Industry Body Ahead Of US Trade Deal
India does not take any decision under pressure from any country, Confederation of Indian Industry (CII) National President Rajiv Memani has said, asserting that New Delhi's interest will always be a priority as it nears a trade deal with Washington.
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Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
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Opposition-Ruled States Demand Extension Of GST Compensation Regime
Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.
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Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
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Will Restructure GST, Give One Tax, Minimum Tax If Elected: Rahul Gandhi
Congress leader Rahul Gandhi on Saturday said his party is committed to reconceptualising the Goods and Services Tax (GST) regime if voted to power at the Centre and assured ushering in ''one tax, minimum tax."
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"Their Words Reflect Their Thoughts": PM Narendra Modi Slams Congress On GST Criticism
Prime Minister Narendra Modi today slammed Congress president Rahul Gandhi for questioning the Goods and Services Tax despite the government rolling it out after "arriving at a consensus" with all political parties in the country.
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P Chidambaram Attacks Centre Over Change In Stance On GST
Former finance minister P Chidambaram on Wednesday attacked the Centre over its alleged change in stance on the Goods and Services Tax regime, saying that till yesterday a single standard GST rate was a stupid idea, but was now the "declared goal" of the Modi government.
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
AC, TV Dealers See Spike In Sales On Day One As Lower GST Rate Takes Effect
As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.
-
Here's How New GST Slabs Affect Car Prices In India
The Union Minister announced the new GST structure for the country, bringing the GST rate on smaller cars down to 18 per cent.
-
Here's How New GST Slabs Affect Motorcycle Prices In India
Union Finance Minister Nirmala Sitharaman announced the new GST structure yesterday, with bikes above the 350cc category receiving 40 per cent GST.
-
Despite 40% GST, Big Cars And SUVs May Become Cheaper: NDTV Explains
Union Finance Minister Nirmala Sitharaman announced the new tax infrastructure yesterday. Here's what luxury car buyers get with the new GST regime.
-
What Are Sin Goods And Why They Attract The Highest GST Rate
The government has introduced a new 40% Goods and Services Tax (GST) slab, the highest in the regime, for "sin goods" and certain luxury items.
-
Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
-
Explained: GST Reforms Coming Soon. How You Will Benefit
India is set to witness major reforms in the Goods and Services Tax (GST) regime this year. These "next-generation" reforms would drop by before Diwali, Prime Minister Narendra Modi promised this morning.
-
"India Doesn't Work Under Pressure": Industry Body Ahead Of US Trade Deal
India does not take any decision under pressure from any country, Confederation of Indian Industry (CII) National President Rajiv Memani has said, asserting that New Delhi's interest will always be a priority as it nears a trade deal with Washington.
-
Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
-
Opposition-Ruled States Demand Extension Of GST Compensation Regime
Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.
-
Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
-
Will Restructure GST, Give One Tax, Minimum Tax If Elected: Rahul Gandhi
Congress leader Rahul Gandhi on Saturday said his party is committed to reconceptualising the Goods and Services Tax (GST) regime if voted to power at the Centre and assured ushering in ''one tax, minimum tax."
-
"Their Words Reflect Their Thoughts": PM Narendra Modi Slams Congress On GST Criticism
Prime Minister Narendra Modi today slammed Congress president Rahul Gandhi for questioning the Goods and Services Tax despite the government rolling it out after "arriving at a consensus" with all political parties in the country.
-
P Chidambaram Attacks Centre Over Change In Stance On GST
Former finance minister P Chidambaram on Wednesday attacked the Centre over its alleged change in stance on the Goods and Services Tax regime, saying that till yesterday a single standard GST rate was a stupid idea, but was now the "declared goal" of the Modi government.
