Tag: GST reforms 2026
GST reforms 2026: Employers get ITC on employee health, life insurance premiums
The GST Council allowed employers to claim input tax credit (ITC) on GST paid on health and life insurance policies taken for their employees, a…
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here’s how
Small businesses, exporters, e-commerce sellers and taxpayers facing GST proceedings are among the biggest potential beneficiaries of the reforms approved by the GST Council on…
“GST is always very useful for state like West Bengal”: Finance Minister Swapan Dasgupta after 57th GST Council meet
West Bengal Finance Minister Swapan Dasgupta, at the 57th GST Council meeting on Thursday, said GST is ‘always very useful for a state like West…
GST Council Meeting 2026: Tax officers’ arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changes
The GST Council on Thursday approved the removal of GST tax officers’ powers to arrest individuals under the Goods and Services Tax (GST) law and…
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reforms
The Goods and Services Tax (GST) Council is set to consider a sweeping package of reforms on Thursday that could remove the power of tax…