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 ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India. While this could lower costs for policyholders, insurers' loss of input ...

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

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.

GoM approves two-slab GST structure at 5% and 18%, simplifying tax regime under Nirmala Sitharaman's leadership for household savings and business ease.

The sustained rally in the Indian stock market made investors richer by about ₹12 lakh crore in six sessions as the overall market capitalisation of BSE-listed companies rose to ₹456.27 lakh crore, ...

Indian Prime Minister Narendra Modi’s surprise move to lower consumption taxes within three months is set to spark tough negotiations with states, who will have to shoulder the bulk of the revenue ...

GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.

A special discussion on India's strong, successful and decisive "Operation Sindoor' in response to terrorist attack in Pahalgam was held during the Monsoon session in both houses.

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