Goods and Services Tax (GST): Definition, Types, and How It's Calculated

The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
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GST Reforms: Now, GST will have only 5 and 18% slabs, and will be implemented by Diwali

GST Reforms: The Finance Ministry has proposed a major change in the GST structure and has presented a plan to implement a two-slab tax structure and special rates on select items. This proposal ...
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GST 2.0: From ‘Gabbar Singh Tax’ to a Simplified System for Businesses and Common Citizens

India’s biggest indirect tax reform, the Goods and Services Tax (GST), is undergoing a transformation with the rollout of GST 2.0. What was once criticized as complicated and even mocked as “Gabbar ...
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Opposition calls government to implement GST without delay

The Opposition Party (OP) criticise the government over the repeated delays in implementing the Goods and Services Tax (GST) Act, arguing that three amendments to the Act, even before its full ...