A GST panel is considering reducing rates for items like medicines and tractors to 5%, while keeping cement rates stable and potentially increasing GST on high-end EVs. Health and term insurance ...

The GST Council, led by Finance Minister Nirmala Sitharaman, has decided to exempt research funding for higher educational institutions and research centres from GST. This decision, prompted by ...

The way businesses operate in India has been significantly impacted by the Goods and Services Tax (GST). One of the most crucial elements of this tax system is the GST invoice. Any firm must ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

They are meant to help individuals and families offset the GST or HST that they pay. The GST/HST credit payments are calculated based on the adjusted family net income and the number of children ...

Just a day prior to his passing, Tata took to social media to squash the rumors about his health, clarifying that he was ...

Currently, the GST has a 5-tier tax structure consisting of tax slabs at nil, 5 per cent, 12 per cent, 18 per cent, and 28 per cent, with certain goods and services attracting a cess over and ...

The latest version, featuring ‘Connected GST,’ will serve as a consolidated interface for all online GST operations, eliminating the need to visit the GST portal. Addressing the increasing ...

To soothe the growing clamour for a reduction in the 18% tax levy on the premium paid for health and life insurance policies, the Goods and Services Tax (GST) Council on Monday set the stage for a ...

The Goods and Services Tax (GST) Council is reportedly yet to resolve whether to impose an 18% GST on income generated from transactions below ₹2,000 by payment aggregators. This issue ...

The 54th GST Council meeting, held in New Delhi on Monday (September 9, 2024) announced several changes to the existing Goods and Services Tax (GST) slabs. The most notable among these was the ...