Tag: GST news
GST reforms not linked to Trump tariffs, clarifies Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the Goods and Services Tax (GST) reforms were planned well in advance and not a reaction to the…
Govt allows companies to change MRP on unsold stock as per new GST rates
Updated on: Sept 09, 2025 05:06 pm IST The revised prices must reflect GST changes only. The old MRP must remain visible, Union Minister Pralhad…
Roti, kapda aur makan: The firepower India’s common man got as Diwali gift
Once branded the “Gabbar Singh Tax” for its sting on wallets, GST has gone through a much needed makeover and this time, it’s playing hero…
GST 2.0 FAQS: Will large cars attract cess? What rate has been set for insurance premium? Will cigarettes get costlier? Check details
GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after…
New GST rates: All you need to know about what happens next, and when | FAQs
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…
GST rate cut: Individual health, life insurance policies exempt from GST
The GST Council has exempt individual life insurance and health insurance policies from GST as part of broader reforms for the indirect tax regime. Finance…
Small cars, some motorcycles to get cheaper after GST rate cut. Check details
In the GST rate rejig announced on Wednesday, bikes under 350cc engine capacity and small cars get a tax cut of 10 percentage points. They…
India delivers tax bonanza ‘for common man’, new GST rates from 22 September
India has cut GST rates on hundreds of consumer items,—ranging from soaps to small cars—to spur demand in the world’s fourth largest economy in the…
GST Council meeting: What may get cheaper or cost more under new slabs
Updated on: Sept 03, 2025 05:15 pm IST India plans to cut GST by at least 10 percentage points on nearly 175 items. Here’s a…
gst news: From audits to notices, untangling the GST regime for taxpayers
Over the last couple of years, the number of GST audits initiated by the department and notices greeting the taxpayers has significantly gone up. There…