Simplified classification and GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, ...

Finance minister Nirmala Sitaraman has offered to further simplify and rationalise the Goods and Services Tax (GST) structure and expand it to the remaining sectors so as to multiply its benefits.

Reduction in GST Rates The hospitality industry has long been advocating for a reduction in Goods and Services Tax (GST ...

Homebuyers may also benefit from higher interest ... Hoping for a reduction in GST rates to make health insurance more affordable, an increase of tax exemption to encourage people to buy insurance ...

Sectors such as health insurance, taxation, and mutual funds are particularly hopeful for policy changes that could increase financial inclusion and channel savings into productive investments.

With FM set to table the Budget 2025, tax experts and stakeholders remain optimistic of major changes in the tax regime, ...

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025. The Parliament's Budget se ...

This would reduce the cascading effect of tax on the cost of goods and services. A complete overhaul of the current indirect tax system with impacts on the structure ... benefit companies, especially ...

The Union Budget 2025 presents an opportunity to simplify India’s capital gains tax structure, an approach that can enhance ...

Meanwhile, Suresh Garg, CMD & Founder of Zeon Lifesciences Ltd. said that they urge the government to consider tax uniformity in ... a revision of the current GST structure on healthcare products ...