The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...

End-of-year bulk orders may not reduce GST liability immediately. Learn about GST ITC, Input Tax Credit, GSTR-3B, delivery-based credit, business accounting, tax compliance, and ITC eligibility rules.

India’s proposed GST overhaul and income tax cuts aim to boost household spending but stagnant wages, AI disruptions and global uncertainties pose deeper challenges to sustainable income growth and co ...

Bills related to sports and governance included: The National Sports Governance Bill, 2025, which focuses on sports governance in India, crucial for India's participation in the Olympics bid of 2036 ...

Despite repeated protests and walkouts, Parliament passed many significant Bills covering taxation, shipping, education, sports and governance.

Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his ...