June GST collection stood at Rs 1.84 lakh crore. The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming GST Council meeting. According to ...

The 56th meeting of the GST Council, starting today, is expected to take up one of the most significant reform proposals in recent years — a complete exemption of GST on life and health insurance. If ...

New Delhi: In a major overhaul of the multitiered goods and services tax (GST) structure, the Central government has proposed scrapping the 12% and 28% slabs, among other reforms to India’s indirect ...

The Union finance ministry has held discussions with industry representatives over concerns around the goods and services tax (GST) and recommendations on how to improve the indirect tax levy. The ...

Finance minister Nirmala Sitharaman on Wednesday announced sweeping changes to the Goods and Services Tax (GST) regime after the 56th GST Council meeting in New Delhi. A landmark decision also exempts ...

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 ...

NEW DELHI: In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has reportedly given its consent for the Goods and Services Tax (GST) rate ...

The GST Council, chaired by Finance Minister Nirmala Sitharaman, held its 56th meeting on September 3 in New Delhi and announced changes in the rates. Here are all your questions answered. UHT milk is ...

With GST authorities tightening controls, every council meeting is expected to offer certain sector specific reliefs. The 56th GST Council Meeting, proposed to convene after six months i.e. in early ...