Goods and Services Tax

New Delhi: The National Pharmaceutical Pricing Authority (NPPA) on Friday issued a directive to all drug and medical device manufacturers, directing them to immediately reduce the maximum retail price (MRP) …

Late last year, the Centre ordered developers to use only specific locally made solar panels. Since these panels cost more, developers bid higher in the solar auctions that followed, totalling …

Union Finance Minister Nirmala Sitharaman announced wide-ranging goods and services tax (GST) reforms on Wednesday. She said the country’s GST will have only two slabs when the new rates become …

IDFC FIRST Bank has announced that pay GST for both its customers and non-customers. The integration is open not only to the customers of the bank but also to the …

As the Centre pushes ahead with its next wave of tax reforms, finance minister Nirmala Sitharaman will brief the Goods and Services Tax (GST) Council’s groups of ministers (GoMs) in …

Eight years after the launch of the indirect tax regime, the Prime Minister signalled that the next generation goods & services tax (GST) reforms are on the way. These could …

The Indian government is proposing a major overhaul on the Goods and Services Tax (GST) structure, which will largely impact the automobile industry. The GST on automobiles – currently in …

Karnataka Chief Minister Siddaramaiah on Wednesday, July 23, clarified the Goods and Services Tax (GST) notices to small and micro traders, saying the state government would not pursue tax notices …

A pinch of turmeric in milk or a sprinkle of caramel on popcorn may seem like simple indulgences. But under India’s Goods and Services Tax (GST) system, these “value additions” …