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

GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc.

India's goods and services tax council, chaired by the federal finance minister, will meet on September 3-4 to discuss ...

Prime Minister Narendra Modi has pledged a new wave of reforms to boost manufacturing, energize industry, increase ...

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

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

Canada is reportedly planning to remove retaliatory tariffs on USMCA-compliant U.S. goods in an effort to restart trade talks ...

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

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

Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the rubbish.

With the country facing a “reading crisis,” the Danish government plans to exempt books from a 25 percent value-added tax.