India's economy could see a major fiscal stimulus of over ₹2.5 lakh crore due to the impact of the recently implemented GST 2.0 reforms, coupled with the income tax relief announced in the Union ...
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 ...
The proposed move aims to reduce GST mismatches and tighten compliance by limiting manual changes in GSTR-3B once returns are ...
Experts say the pressure on the GST system is increasing because compliance requirements are becoming more complex and more ...
As ride-hailing companies push for GST exemptions on customer payments, the Goods and Services Tax Council will review ...
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 ...
The GST, introduced in July 2017, is a comprehensive indirect tax on the supply of goods and services Despite the Centre’s push to simplify the Goods and Services Tax (GST) structure by eliminating ...
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 ...
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 ...
GST Rate Changes: The revised GST rates will come into effect on September 22. The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since ...
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 ...