Monetary policy committee member Saugata Bhattacharya said the proposed GST revamp will likely lower prices initially, but rising demand could trigger unpredictable second-round effects, making its ...

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

Indian Prime Minister Narendra Modi’s surprise move to lower consumption taxes within three months is set to spark tough negotiations with states, who will have to shoulder the bulk of the revenue ...

NEW DELHI: India’s federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers’ panel has endorsed the new rate ...