Narendra Modi says that the poor and neo middle-class are benefiting from income tax relaxation and upcoming GST reforms. The income tax exemption up to Rs 12 lakh was announced in the Union budget.
Indian State Finances may encounter a revenue shortfall not only due to State GST collection but also because of a shortfall in Central GST collection.
Festive offers appear more substantial with GST cuts, but be sure to track MRPs and EMIs before swiping the card.
The new framework brings in two primary tax rates of 5% and 18%, while ultra-luxury and sin goods will be taxed at 40%.
The Centre plans to plans to borrow Rs 6.77 lakh crore in the second half of the fiscal year and has cut its borrowing plan ...
While both criticism and praise have their place, more important is the underlying, significant nuance that the headlines ...
Experts predict a temporary dip in GST collection due to postponed purchases after PM Modi's rate cuts announcement.
India’s festive retail season kicks off with strong consumer sentiment, driven by GST cuts, income tax relief, and shopping ...
Kerala’s lottery agents face strain as GST 2.0 hikes lottery tax to 40%. While reforms ease U.S. tariff pressures on exports, ...