Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

Flipkart and Amazon are in discussions with brands regarding the potential impact of the proposed GST reduction on demand.

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

Noida: In an effort to foster greater cooperation between taxpayers and the Goods and Services Tax (GST) administration, the ...

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.

Thane: A man was arrested Aug 19 for his alleged role in a GST credit fraud worth nearly Rs 48 crore, an official said on ...