Government ❯Legislation ❯Taxation

Goods and Services Tax (GST)

Tobacco Products Consumer Products Ready-Made Garments Aerated Beverages Consumer Goods Input Tax Credit (ITC)

Proposed 35% GST Rate on Aerated Beverages and Tobacco Triggers Market Declines

A new tax proposal by India's Group of Ministers suggests a 35% GST rate for select goods, impacting stocks and sparking public backlash.