India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

Simplified classification and GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, ...

The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...

Also, while just 32 million taxpayers are the beneficiaries of the I-T concessions, reduction in GST rates is bound to impact almost the entire population. It would also help keep inflation in check ...

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"However, the Central Government imposed fresh taxes on goods on which there was no tax and imposed 18 and 28 per cent GST on ...

The gems and jewellery industry on Thursday urged the government to rationalise the Goods and Services Tax on bullion and ...

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

Mop-ups by way of goods and services tax (GST) will maintain above-nominal growth over the next few years, with expectations ...

(a) the total amount of GST collected along with proportional contribution from the lowest income groups, middle-income ...

The Goods and Services Tax follows a four-tier structure with rates of 5%, 12%, 18%, and 28%. Essential items and packaged ...

The aviation major has received two GST-related penalty orders worth ₹115.86 crore, which are currently being contested.