India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers' panel has endorsed the new rate structure, state ...

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.

Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

The Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...

The panel of state ministers has proposed exempting health and life insurance premiums for individuals from the current 18%, ...

The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be ...

E-sports in India may move to lower GST slab, boosting industry growth and distinguishing it from real-money gaming.

The biggest beneficiaries will be commoners, with GST reduced on all essential items, and SMEs, which will turn more ...

A man has been arrested in Maharashtra's Thane district for his alleged role in a GST (Goods and Services Tax) credit fraud worth ₹47.32 crore, an official said on Thursday (August 21, 2025).

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.