India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.

India’s GST rates are on a downward path. From 15.3 percent in 2017 to a projected 9.5 percent by FY27, once the ongoing ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

Monetary policy committee member Saugata Bhattacharya said the proposed GST revamp will likely lower prices initially, but rising demand could trigger unpredictable second-round effects, making its ...

A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

India's equity benchmarks rose for a sixth straight session on Thursday, boosted by financial shares that jumped on a ...

As the Centre prepares to revamp GST rates, the Federation of Hotel & Restaurant Associations of India (FHRAI) has urged Finance Minister Nirmala Sitharaman to implement a uniform 5 ...

The Indian automotive industry could soon witness a GST cut on cars, and here's what the cut holds for the buyers and ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India. While this could lower costs for policyholders, insurers' loss of input ...