NEW DELHI: India could move towards a single Goods and Services Tax (GST) rate structure once the country achieves income parity across different segments of society, Central Board of Indirect Taxes and Customs (CBIC)
LONDON: Internet users in India, Pakistan, and parts of the Middle East faced widespread disruptions after subsea cable systems in the Red Sea were damaged, according to internet observatory NetBlocks. The outage has highlighted
GANDHINAGAR: On behalf of the people of Gujarat, Chief Minister Shri Bhupendra Patel thanked Prime Minister Shri Narendra Modi and Union Finance Minister Smt. Nirmala Sitharaman for significantly reducing GST rates on essential goods
MUMBAI: The GST Council has announced a major relief for the logistics sector by slashing tax rates on key freight services. GST on multimodal transport (excluding air) has been reduced from 12% to 5%,
MUMBAI: The passing of the Indian Ports Bill 2025 marks a defining moment for India’s maritime and logistics sector. Industry leaders are calling it a bold step toward creating world-class supply chain infrastructure that
NEW DELHI: Ministry of Finance held 56th GST Council meeting on Wednesday chaired by Finance Minister Smt. Nirmala Sitharaman. Below are the Frequently Asked Questions (FAQs) on the decisions of the 56th GST Council.
NEW DELHI: In view of the strong and enthusiastic response received from industry stakeholders, the Government has decided to extend the application window for the Production Linked Incentive (PLI) Scheme for Textiles. During the
NEW DELHI: The textiles industry has welcomed a major relief measure as the Directorate General of Foreign Trade (DGFT) extended the Export Obligation (EO) period under Advance Authorisation for products covered by mandatory Quality
NEW DELHI: The United States (US) will emerge as the biggest beneficiary of the complete waiver of customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of raw cotton, which was
NEW DELHI: To augment availability of cotton for the Indian textile sector, the Central Government had temporarily exempted the import duty on cotton from 19th August 2025 till 30th September, 2025. In order to support exporters