The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on pure term life insurance policies.

In 55th GST Council, the government has proposed to amend the definition of Specified premise. By this notification the government has substituted clause (xxxvi) which is related to Specified Premises ...

Businesses affected by tariffs have more time to pay income tax and remit GST/HST during the next three months.

Liberal Leader Mark Carney and Conservative Leader Pierre Poilievre have both proposed eliminating the GST on new builds. But ...

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

Real tax reform would review taxes such as the GST, taxes on savings (including housing and super), and personal and ...

The woman shared details of her overseas purchases on social media, including methods to evade GST payment. (Images: ...

In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has ...

Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits.

According to the budget proposals of the PBC for next fiscal year, an 18 percent general sales tax (GST) in a largely undocumented economy provides a high incentive to evade. A 48 percent effective ...