The IVPA is urging the government to remove restrictions on tax credit refunds implemented in July 2022, arguing that these ...

India's goods and services tax council, chaired by the federal finance minister, will meet on September 3-4 to discuss ...

The upcoming GST 2.0 reforms promise to reduce compliance burdens, stabilise consumption, and boost the economy, according to ...

Even when the move is welcomed as a step towards tax simplification, the GST framework lacks strengths in many other policy ...

India is considering a major GST reform that could introduce a special 40% tax rate on motorcycles with engines of 350cc and ...

The proposed GST overhaul could lower the taxes on small cars to 18%, boosting affordability ahead of the festive season. But what about the bigger cars?

GST Council may amend CGST Act to allow higher slab rates for luxury and sin goods, creating stable revenue source.

The government is considering exempting life and health insurance premiums from the 18% GST, a move aimed at making insurance ...

GST Council accepts Union government's proposal to simplify GST structure, reduce tax rates, and rationalize slabs for ...

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

In short, removing GST will likely make life insurance cheaper, especially for pure protection policies; however, customers ...