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The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...

GST reforms: Tobacco products on display at a shop, in Kolkata. The GST Council has approved a complete overhaul of the Goods and Services Tax regime on September 3, 2025. (PTI Photo / Manvender ...

GST 2.0: Big festive bonanza for consumers. Starting September 22, multiple products of daily use will see a price reduction as revised Goods and Services Tax (GST) of two slabs come into effect.

India’s retail inflation slipped to historic lows in October, aided by GST rate cuts in key sectors and cooling food prices.

In its meeting on September 3, the GST Council approved the elimination of two GST slabs: 12 per cent and 28 per cent, among other things. From groceries and fertilisers to footwear, textiles, and ...

India’s retail inflation rate fell to a record low of 0.25% in October. But there are a lot of moving parts under the ...