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Agricultural pumps too attract 12 per cent GST,” she said. She said the average GST rate had come down to 12.2 per cent from 15 per cent at the time of its introduction. The finance minister defended ...

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Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation.

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The Goods and Services Tax (GST) Council may settle for a reduction in the tax rates on health & life insurance, instead of a full waiver. The GST, which now applies at 18% on gross premiums ...

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