"GST Simplification Is Major Step Forward": Amitabh Kant On Tax Overhaul

Rationalisation of GST slabs will lead to increased demand that will, in turn, push for greater investment as manufacturers ramp up production to meet that uptick, Amitabh Kant, the former CEO of government think-tank NITI Aayog, said.

Viewing GST 2.0 as a mere well-timed political move would be incorrect. GST 2.0 reflects the Modi government's appetite to stitch good economics with good politics.

The GST Council reduced tax on small cars and motorcycles below 350cc to 18%, a move hailed by automakers as boosting affordability, demand, and manufacturing growth.

The GST rate reduction on cement will not only support domestic manufacturers but also accelerate the pace of infrastructure development and catalyse industrial expansion in India, industry players said on Thursday.

The GST Council announced a major revision in GST rates on September 3, 2025.

Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September 22.

While prices of cigarettes and other tobacco products, such as Gutkha, are set to rise after the GST reforms announced yesterday, the humble bidi will see a marginal drop in prices

From tickets to popcorn tubs, soft drinks, and even ice cream sundaes, the way India spends on its movie outings is about to change

From why ultra-high-temperature milk is exempt from GST to concerns about the higher rate on carbonated beverages, the Ministry of Finance has responded to key questions.

The Goods and Services Tax (GST) Council approved a significant overhaul of tax rates on hotel stays and air travel during its 56th meeting on September 3, 2025

GST on premium hotel rooms has not increased at a time when many luxury goods are moving into the 40% tax slab

The Goods and Services Tax Council's rationalisation of tax slabs - reducing four brackets to two while exempting several 'daily use' items, including premiums on health and life insurance - has been received with scepticism by the Congress.

Union Finance Minister Nirmala Sitharaman announced the new tax infrastructure yesterday. Here's what luxury car buyers get with the new GST regime.

Planning a dinner out, a quick vacation, or even just stocking up your kitchen? The new GST rules change how you pay. While your restaurant bill and grocery basket are set to shrink, flying business class or owning a yacht will get expensive.