GoM meets to discuss Centre's GST rate cut proposal. Focus on reducing tax slabs to 5% & 18%. Impact on consumers & MSMEs.

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are ...

End-of-year bulk orders may not reduce GST liability immediately. Learn about GST ITC, Input Tax Credit, GSTR-3B, delivery-based credit, business accounting, tax compliance, and ITC eligibility rules.

Andhra Pradesh High Court held that GST is not leviable on ocean freight charges, accordingly, refund of GST paid on ocean ...

Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...

Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...

Even if the September quarter earnings take a hit, analysts say the pent-up demand would lead to a solid earnings show in Q3 and Q4 as the benefits of the lower tax slabs spur consumption.

The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.

A GST rate cut is expected to spur the demand across all vehicle categories. The Indian automobile sector is set to receive a handsome gift this festive season as the Group of Ministers (GoM) set up ...

Hyderabad: Deputy Chief Minister and Minister of Finance and Energy Mallu Bhatti Vikramarka emphasized that a mechanism ...