Tag: GST news
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…
gst revenue: August GST revenue collection up 28% YoY at Rs 1.44 lakh cr
The gross GST revenue collected in the month of August 2022 stood at Rs 1,43,612 crore, up 28% on a year-on-year basis, the Finance Ministry…
GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air
With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for taxpayers have emerged as key…
GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector
In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In this article, we discuss the…
GST rate: Revised GST rates kick-in today; Here is a list of items that’ll get costlier
Consumers may have to shell out more starting July 18 as several goods and services will cost higher with the Goods and Services Tax (GST)…