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Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister ...
Chennai: The GST revision can cost Rs 1.43 lakh crore to the exchequer, while US tariffs at 25 per cent will lower India’s ...
Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.
A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% and 28% ...
Monetary policy committee member Saugata Bhattacharya said the proposed GST revamp will likely lower prices initially, but rising demand could trigger unpredictable second-round effects, making its ...
GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.
The Group of Ministers (GoM) on GST rate rationalisation on Thursday endorsed the Centre’s proposal to shift to a two-slab ...
Andhra Pradesh High Court held that GST is not leviable on ocean freight charges, accordingly, refund of GST paid on ocean ...
Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are ...
Group of Ministers in Bihar endorse Centre's GST proposal, with new 40% slab and limited 28% goods, for rate rationalisation.
A Group of Ministers has backed the Centre’s proposal to scrap the 12% and 28% GST slabs, with Bihar Deputy CM Samrat Choudhary saying the move will now go to the GST Council for a final decision.