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 ...

Soon after Prime Minister Narendra Modi underscored the importance of the next generation of reforms under Goods and Services Tax, the Finance Ministry proposed a two-slab GST rate structure along ...

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 ...

The Centre has asked businesses to display tentative price lists for goods, including cars and consumer durables, to showcase the price reduction of the Goods and Services Tax (GST) rate reforms. Also ...

The revised GST rates will come into effect on September 22. Finance Minister Nirmala Sitharaman on Wednesday announced key revisions to the Goods and Services Tax (GST) rates, bringing relief to ...

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 ...

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 ...

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 ...

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 ...