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 ...
Along with automobiles and FMCG products, the prices of health related goods and services are also going to be reduced from 22 September. The government has clearly asked the company’s manufacturing ...
Marking the completion of 9 years since GST was introduced on 1 July 2017, the tax regime has undergone continuous improvements, with the Next-Generation GST reforms of 2025 further streamlining the ...
The GST introduced in India in 2017 aimed to streamline indirect taxation and create a unified market. While the Goods and Services Tax (GST) has had a significant impact on the Indian economy, it has ...
The findings come at a time when GST collections continue to be robust. In May, the Centre and states together collected ₹1.94 trillion in gross GST revenue, before adjusting for refunds, up 3.2% from ...