In a landmark decision, the GST Council has approved sweeping tax rate cuts that will take effect from September 22, coinciding with the first day of Navratri. Union Finance Minister Nirmala ...

Currently, all types of health and life insurance policies are subject to an 18 per cent GST. Before the implementation of GST in 2017, insurance premiums garnered a 15 per cent service tax, which ...

Japanese automaker Honda has announced up to nearly Rs 19,000 benefits on its motorcycles and scooters, passing on the full benefit of the revised GST rates to customers. The company's announcement ...

New GST Rates Highlights: Around 375 items are set to get cheaper after the GST reforms announced by the Centre come into effect today, on September 22. Check out the details here. (Gemini AI) New GST ...

1. Five percent GST will be applicable on pre-packed, labeled food items including atta, paneer, and curd, as well on hospital rooms with rent above ₹5,000. Meanwhile, an 18 percent GST will be levied ...

Implemented in 2017, India’s GST system unified taxation and enhanced transparency. To verify a GST bill’s authenticity, consumers must check the GSTIN, invoice number and date, invoice value and tax ...

The Indian government on Wednesday announced a rate cut for the Goods and Services Tax (GST) on hundreds of goods, ranging from cars, washing machines, to small consumer goods like toothbrushes and ...

A GST invoice is generated by a supplier or seller of goods and services to the buyer. The document contains purchase information and details of the supplier and buyer. According to a circular issued ...

On the 79th Independence Day, Prime Minister Narendra Modi in his 12th consecutive Independence Day speech at the Red Fort, addressed the nation by announcing major tax reforms, calling them a “double ...

Taxpayers can now keep a track of their GST registration, once they have already applied for registration. One can go about it by providing the ARN (Application Reference Number) or submission period ...