Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...
Rule 14A introduces a fast-track GST registration process for small taxpayers with limited B2B tax liability. The article ...
After the GST rates were changed on Wednesday, to come into effect on September 22, here are some of the major questions being asked, and their answers as shared by officials: Union Finance Minister ...
Businesses claiming GST refunds on unutilised input tax credit may face tighter scrutiny and greater compliance requirements ...
India's revised GST rates, effective September 22, are set to reshape travel and tourism. Budget hotel stays, with tariffs up to INR 7,500, will now be taxed at 5%, down from 12%. Economy-class air ...
New GST Rate Change: India's GST system underwent a significant reform in September 2025 with the rollout of GST 2.0. The GST Council approved a simplified two-rate structure—5% and 18%—replacing the ...
New GST Rates Highlights: Around 375 items are set to get cheaper after the GST reforms announced by the Centre come into effect today, on September 22. Check out the details here. (Gemini AI) New GST ...
The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...
The gross Goods and Services Tax (GST) collection surged 8.7 per cent (year-on-year) to a record Rs 2,42,702 crore in the ...
There is still some debate on whether or not food should be included as part of GST or if it should be on other goods and services at a higher rate The States of Guernsey is due to vote later this ...
GST is seen boosting India's GDP growth by 1.5-2 per cent over the long term From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a ...
With GST rolling out from July 1, the new tax regime subsumed a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and ...