The revamped structure is approved by the GST Council and 99% of items in the current 12% slab will move to the 5% bracket.

HSBC has put forward three scenarios regarding the proposed GST reduction on automobiles, which could impact government ...

Under the proposed revisions, the 12% and 28% GST slabs will be removed, while the 5% and 18% rates will be retained for most goods. Items currently taxed at 12% are expected to shift largely to 5%, ...

The proposed GST rates cuts, if implemented, are likely to lead to a consumption wave, which will give an earnings boost to ...

The Centre plans GST rationalisation by Diwali, lowering tax on passenger vehicles and two-wheelers from the current 28% to ...

Car and bike buyers in India may soon benefit from reduced prices as the government considers slashing the Goods and Services ...

Jefferies anticipates a GST rate rationalisation by Q4CY25, potentially lowering rates for sectors like cement, 2-wheelers, ...

At the bourses, the consumption-driven theme has played out well thus far in FY26 with the Nifty India Consumption index ...

India's equity benchmarks are set to open higher on Monday, buoyed by cooling Russian oil supply concerns after a meeting ...

Prime Minister Narendra Modi's bombshell Independence Day announcement to overhaul India's GST structure by Diwali has sent ...

Auto and consumer stocks led the rally on hopes of GST rate cuts while financials rose following S&P’s credit rating upgrade ...

India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping ...