The new levies will replace the 28% GST plus compensation cess that has applied to tobacco products since 2017. With the ...
As the Centre ends the GST compensation cess, here is a detailed look at how India's tobacco tax regime has evolved since 2014, spanning excise duties, GST rollout and the latest sin-goods overhaul.
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it ...
The engineering exports industry proposes faster refunds and targeted green incentives to unlock cash flows, lower energy ...
India has shown rare fiscal maturity in 2025 by successfully concluding GST 2.0 and retiring the compensation cess—gains that ...
Sept 4 (Reuters) - India late on Wednesday announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand, and simplified its complicated goods and services ...
New Delhi: Good news for luxury car buyers. With the latest GST reforms, you can now save up to Rs 11 lakh on cars from brands like Mercedes-Benz, BMW and Audi. The government has simplified the tax ...
Resolution of legacy Customs disputes is another critical area of focus. Introduction of a structured amnesty or dispute ...
President Murmu highlights govt reforms: GST 2.0 savings, income tax changes, benefiting poor & middle class.
Konaseema (Andhra Pradesh) [India], January 25 (ANI): Krishna Chaitanya, a retailer specialising in electronics and essential household items, has raised concerns about the impact of the existing GST ...
NEW DELHI, Sept 3 (Reuters) - Indian Finance Minister Nirmala Sitharaman on Wednesday announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the ...