A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...

Group of Ministers accepts the Centre's rate rationalisation proposal, which includes consolidating the slabs into two — 5 ...

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

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

Under Centre’s proposed plans, government wants to reduce the current rate structure to just two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers.

The Group of Ministers on rate rationalisation endorsed the Centre’s plan to introduce a simpler structure, replacing the ...

Bihar Deputy Chief Minister and GoM Chairperson Samrat Choudhary said they would recommend the two-slab structure proposal of ...

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

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.

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

GST changes are set to reshape India’s real estate sector, property market, and housing affordability. With new tax slabs on cement, steel, and construction materials, developers and homebuyers may ...