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The highly anticipated Goods and Services Tax (GST) reforms proposal inched closer to turn into a reality after the Group of Minister (GoM) approved the Centre's proposal. The GoM on Thursday approved ...
The Centre plans to exempt life and health insurance premiums from 18% GST, aiming to boost financial inclusion and healthcare access before Diwali.
Group of Ministers in Bihar endorse Centre's GST proposal, with new 40% slab and limited 28% goods, for rate rationalisation.
Trump and his supporters have claimed that far from the apocalyptic collapse many mainstream economists foresaw under the new tariff regime, the US economy has remained robust. We evaluate this claim ...
Andhra Pradesh High Court held that GST is not leviable on ocean freight charges, accordingly, refund of GST paid on ocean ...
End-of-year bulk orders may not reduce GST liability immediately. Learn about GST ITC, Input Tax Credit, GSTR-3B, delivery-based credit, business accounting, tax compliance, and ITC eligibility rules.
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.
Bills related to sports and governance included: The National Sports Governance Bill, 2025, which focuses on sports governance in India, crucial for India's participation in the Olympics bid of 2036 ...
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 ...
India’s proposed GST overhaul and income tax cuts aim to boost household spending but stagnant wages, AI disruptions and global uncertainties pose deeper challenges to sustainable income growth and co ...
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 ...