In the revamped regime, majority of the items in the existing 28% tax bracket will come under the 18% slab, and those in 12% slab will fall under the 5% tax slab.

Mumbai: Two company directors were arrested in separate cases for fraudulent Input Tax Credit (ITC) claims, collectively ...

The proposed 'Next Gen GST' aims to streamline India's tax system by reducing four tax slabs to two, benefiting everyday ...

Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the ...

President Donald Trump has made a series of false and misleading statements to justify his new tariff policies.

India's government will slash the consumption tax it charges consumers and businesses by October, a top official said on ...

Indian Prime Minister Narendra Modi's government on Friday announced a plan to lower rates and simplify its goods and ...

He also announced India would set up a new defence system called 'Sudarshan Chakra' in the aftermath of India's four-day military conflict with Pakistan in May ...

The central government plans to overhaul the GST regime by introducing two main tax rates of 5% and 18%. The changes aim to ...

A one-stop shop to track all the tariff and trade action from the Trump administration, including auto tariffs, copper tariffs, steel and aluminum tariffs, and more.

India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...

Chicago Chief Financial Officer raised eyebrows when she labeled opposition to progressive taxes as “the crime of the century ...