The Group of Ministers, a key decision-making panel on Goods and Services Tax (GST), has approved the Centre's proposal to ...

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

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

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

There is a fine line between political populism and fiscal prudence, if not in tax collections, then in the idea of taxation itself ...

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

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.

At present, Goods and Services Tax (GST) has four slabs of 5, 12, 18 and 28 per cent. While food items are either taxed at 0 or 5 per cent, luxury and sin goods are taxed at 28 per cent.

Due date for GSTR-3B for July 2025 is extended to August 27, 2025, for taxpayers in Mumbai, Thane, Raigad, and Palghar districts of ...

The Delhi High Court ruled that Xilinx India Technology Services Pvt. Ltd. is entitled to interest on its delayed GST refund under Section 56 of the CGST Act affirming that interest is automatically ...

The states ministers' panel also recommended an additional levy on high-end luxury cars and other luxury items which are ...