New Delhi: Central and state governments will retain the current framework of the indirect tax system and maintain the existing goods and services (GST) tax rates as they assess the impact of recent ...

The revised Goods and Services Tax (GST), announced earlier this month, will come into effect from tomorrow, with only two rates remaining in place: 5 per cent and 18 per cent. A special 40 per cent ...

In Private Letter Ruling 202528006 (July 11, 2025), the Internal Revenue Service confirmed that merging two generation-skipping transfer (GST) tax-exempt irrevocable trusts created by different ...

Industry says it has no option but to raise the MRP, despite the government's noble intention to make educational products more affordable for the masses. CHENNAI: The recent decision by the GST ...