The Group of Ministers on rate rationalisation has recommended a two-slab GST structure of 5% and 18% and a special rate of 40%. As the GST Council prepares to deliberate, states remain concerned ...

Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...

In a landmark reform announced ahead of Diwali, the government has unveiled GST 2.0, collapsing the existing four-tier ...

GST changes are set to reshape India’s real estate sector, property market, and housing affordability. With new tax slabs on cement, steel, and construction materials, developers and homebuyers may ...

Flipkart and Amazon are in discussions with brands regarding the proposed GST reduction, anticipating a potential dip in ...

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute the benefits for most customers? Read to know what experts have to say.

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

She cautions that buyers won’t see the benefit because under-construction properties don’t qualify for Input Tax Credit (ITC). That means developers enjoy the savings, while buyers are left paying ...

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...