New GST Rates 2025 Live Updates: In a major relief for consumers and small businesses, the GST Council, comprising the Centre and states - under PM Narendra Modi, has decided to reduce tax rates on ...
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 ...
New GST Rate Change: India's GST system underwent a significant reform in September 2025 with the rollout of GST 2.0. The GST Council approved a simplified two-rate structure—5% and 18%—replacing the ...
As Budget 2026 approaches, one idea is quietly gaining traction in policy circles and among taxpayers — can personal income tax be simplified the way Goods and Services Tax (GST) was streamlined over ...