The introduction of GST transformed India’s fiscal federalism by centralizing indirect taxation under a unified framework. While promoting cooperative decision-making through the GST Council, it ...
Clarifies when transport services qualify as GTA and how GST applies. The key takeaway is that issuing a consignment note determines tax ...
The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...
Monday - Friday, 11:00 - 12:00 SIN/HK | 0500 - 06:00 CET India's Prime Minister Narendra Modi has announced plans to reform the country's goods and services tax regime. The regime is expected to have ...
Sin tax: When it comes to India’s taxation policy, the Goods and Services Tax (GST) has been at the centre of debate since its rollout in 2017. Among its various segments, one term that frequently ...
India is preparing its most significant tax overhaul in nearly a decade, with plans to cut goods and services tax (GST) rates by at least 10 percentage points on nearly 175 products, according to ...
NEW DELHI, Aug 27 (Reuters) - India's goods and services tax (GST) council will discuss rationalisation of the GST rates and brackets in its next meeting, expected to be held on Sept. 9, the finance ...
NEW DELHI, April 1 (Reuters) - India's gross goods and services tax (GST) collection in March rose 10% year-on-year to 1.96 trillion rupees ($22.91 billion), according to a statement released by India ...
The changes in the taxation system have made one thing clear: India wants to make travel accessible to everyone, but it will not be subsidizing premium travel experiences. India’s Goods and Services ...