Policy & Resources says it would prefer a 5% Goods and Services Tax that includes food.
India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...
Clarifies the fast-track GST registration process under Rule 14A. The key takeaway is approval within three working days for eligible, low-risk applicants—not a guaranteed same-day ...
The States of Guernsey is due to vote on the future tax policies for the island later this year.
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 ...
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 ...
GST authorities had demanded 18 percent GST on the portion of premium shared with other insurers, and commissions paid in ...
In a landmark rate rationalisation, the GST Council, chaired by Finance Minister Nirmala Sitharaman, has exempted GST on all individual life and health insurance policies, including reinsurance ...
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...
The much-anticipated GST 2.0 rollout officially kicked in today, reshaping the tax landscape for India's healthcare sector. For millions of households, the headline change is straightforward: common ...