After rationalising income tax rates in the Union Budget, the government may also be looking at rationalising the Goods and Services Tax (GST) rates, sources told Moneycontrol. The process has ...

Sanitaryware players expect the government to focus on rationalising GST rates on sanitaryware products to make them more accessible and encourage sustainable construction practices through policy ...

New Delhi: The Union budget 2025-26 has prioritized personal income tax reforms with a special focus on the middle class, rationalising TDS/TCS, encouraging voluntary compliance and reducing ...

Richer consumers should subsidise poorer ones. In conclusion, rationalising indirect taxes should be used as an instrument to raise the tax-to-gross domestic product ratio. The Budget seeks to achieve ...