The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...

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 their answers as shared by officials: Union Finance Minister ...

Union Finance Minister Nirmala Sitharaman on Wednesday announced a major policy shift: individual life and health insurance policies will now be fully exempt from Goods and Services Tax (GST). Termed ...

In a big relief for the common man, Finance Minister Nirmala Sitharaman announced "next-gen" reforms in the Goods and Services Tax (GST) on Wednesday. These include historic rate cuts and the move to ...

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 ...

In a major push to make personal mobility and farm equipment more affordable, the GST Council on Wednesday approved steep tax cuts on vehicles and machinery. The announcement was made by Union Finance ...

The GST Council has approved a revised two-tier rate structure, reducing the slabs to 5% and 18%, effective September 22. Consumer electronics like TVs, air conditioners, and dishwashers will see a ...

GST Rate Changes: The revised GST rates will come into effect on September 22. The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since ...