The Goods and Service Tax (GST) came into effect in India on July 1, 2017. The GST tax regime is a comprehensive system that replaced the multiple tax rates that were earlier levied at every level of ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

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 ...

Calling it the biggest reform since the introduction of the Goods and Services Tax (GST) in 2017, Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv, said the government’s sweeping GST rate ...

Speaking on the occasion of the first anniversary of the GST rollout, the minister stressed that the best in terms of the impact of new tax regime on the GDP growth, ease of doing business, expansion ...

The Goods and Services Tax (GST) next-gen reforms, which kicked in from Monday, September 22, will lead to a savings of 13% in household bills for groceries and daily essentials, while a small car ...

NEW DELHI: FM Nirmala Sitharaman said Friday companies must pass on the benefit of lower GST rates to consumers while stating that the Centre is working on a package to provide relief to exporters ...

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 ...

India's GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India's net GST revenue, after accounting for refunds, rose 2.2% ...