Sitharaman discusses GST reforms with GoMs, including tax rate cuts & easing compliance. Centre proposes 5% & 18% rates.

Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...

The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...

The Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...

The GST Council is expected to approve the shift in the coming weeks, with a new 40% slab reserved for sin goods such as ...

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

Ludhiana: As Prime Minister Narendra Modi unveiled what he called a \"Diwali gift\", major reforms to the Goods and Services ...

The government’s proposal to rationalise the Goods and Services Tax (GST) into two slabs has reignited debate over reducing ...

The Centre has unveiled a blueprint for next-generation Goods and Services Tax (GST) reforms, aiming to reshape how India ...

India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping ...

Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...

MUMBAI: The proposed GST reforms, announced by the prime minister to be rolled out by Diwali, halving the current four-rate ...