For purposes of determining the inclusion ratio, every individual is allowed a GST exemption (the base figure is adjusted annually for inflation). The amount is $13.99 million in 2025 (projected), $13 ...

The GST Council has approved a major overhaul of the Goods and Services Tax system, slashing rates on several everyday items. Roti, hair oil, ice creams, and televisions are set to become cheaper. We ...

Experts say the pressure on the GST system is increasing because compliance requirements are becoming more complex and more ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

As ride-hailing companies push for GST exemptions on customer payments, the Goods and Services Tax Council will review ...