India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

Indian Prime Minister Narendra Modi will likely face tough negotiations with states, who are expected to shoulder the bulk of ...

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

Under Centre’s proposed plans, government wants to reduce the current rate structure to just two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers.

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates ...

Indian auto and consumer stocks rallied on Monday, with the auto index jumping nearly 5% to a 10-month high after the ...

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

For example, in Louisiana, state sales taxes are typically assessed at 4.65% on goods and services; however, some items such as food, prescriptions, and utilities aren’t taxable.