The federal government’s GST/HST holiday on sales tax for designated spending, in place since mid-December, is coming to an end this week. While it has been a boon for the food service sector, retail ...

Centre's decision to amend a section of the Good and Services Tax (GST) Act retrospectively in the Union Budget for 2025-26 may face legal scrutiny, as the government’s review petition on a ...

CNG two-wheelers currently attract 28% GST, which the heavy industries wants to be reduced to an ‘appropriate level’. This indirect tax system has grown far too complex. A GST regime with ...

“The GST/HST holiday has provided much-needed relief to Canadians and has been a vital support for our industry during the ongoing affordability crisis,” said Kelly Higginson, President and ...

Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.

Members of the restaurant industry are calling on the federal government to make the GST holiday permanent, even though some businesses have yet to see much impact from the tax break. Some business ...

Ahead of the presentation of the Union Budget for 2025-26, the demand for lower GST rates is being echoed by small traders and small-scale industries across the country. The brass industry in ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...

Ahead of the Union Budget for 2025-26, traders here cite differential Goods and Services Tax (GST) rates as one of their major concerns. They urge the Finance Minister to place all raw materials ...

The Central Board of Indirect Taxes and Customs (CBIC) has verified reports of scammers sending bogus GST summons, some of which may not be connected to ongoing investigations by the Directorate ...

The CPI results were heavily influenced by the start of the two-month break on the GST and the harmonized sales tax on Dec. 14 for certain items, including restaurant meals, alcoholic beverages ...