Electricity

GST Reform: The Political Roadblock to a Uniform Tax for Petrol and Electricity

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GST Reform: The Political Roadblock to a Uniform Tax for Petrol and Electricity

GST Overhaul is Coming, But Don’t Expect Lower Bills for Petrol, Electricity, and Alcohol Despite a major overhaul of India’s Goods and Services Tax (GST) regime, your hopes for cheaper petrol, electricity, and alcohol might be put on hold. The government’s plan for a “GST reset” is moving forward, but key items that affect your … Read more

GST Overhaul: Industry Demands Wider Tax Base & Lower Rates

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GST Overhaul: Industry Demands Wider Tax Base & Lower Rates

India’s industry leaders are pushing for a major shake-up of the Goods and Services Tax (GST) system. They’ve formally asked the government to bring key sectors like petroleum products, electricity, and real estate under the GST umbrella. The goal? To broaden the tax base and, in turn, reduce overall GST rates for everyone. Why the … Read more