News

Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
The Pioneer on MSN3hOpinion

Gabbar Singh Tax or Good and Simple Tax

When I was a young journalist in Bombay (now Mumbai), there was an event that evoked a lot of humour and pained resignation.
The Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...
A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...
E-sports in India may move to lower GST slab, boosting industry growth and distinguishing it from real-money gaming.
The biggest beneficiaries will be commoners, with GST reduced on all essential items, and SMEs, which will turn more ...
The Group of Ministers (GoM) on rate rationalisation convened to examine the Centre’s proposed GST rate cut, aiming to balance revenue needs with relief for businesses and consumers.
India's equity benchmarks opened higher on Thursday, extending a recent rally, with financials buoyed by a proposal to exempt insurance premiums from tax and as investors awaited the Federal Reserve's ...