This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as ...

The GST Council may finalise relief on life and health insurance at its next meeting, with states showing consensus on the ...

Potential rate rejig in GST Council meeting due to consistent growth in domestic collections, aiming for rationalization of tax rates.

To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...

Council is expected to enact a standard 5% GST rate on all commercial drones at its next meeting, which would be a significant step for India’s drone industry. In addition to reducing taxes for the ...

The Directorate General of Goods and Services Tax Intelligence (DGGI) is cracking down on offshore illegal online gaming ...

The GST Council, in its December 21, 2024 meeting, had decided to set up a GoM to examine uniform policies on imposition of cess in case of a natural calamity/disaster in a particular state. In the ...

The surge in these stocks followed the news that the Goods and Services Tax (GST) Council is likely to announce a uniform 5 ...

GST to be charged Excelsior Correspondent JAMMU, Mar 23: The UT Government proposed to bring online money gaming, casinos and ...

The GST Council has reconstituted the Group of Ministers on GST revenue analysis which will suggest sector-specific issues that need policy intervention, and the feasibility of a unified enforcement ...

FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, has now come down to 11.4 per cent in 2023 and will decrease further.