Union Finance Minister Nirmala Sitharaman on Wednesday announced a major policy shift: individual life and health insurance policies will now be fully exempt from Goods and Services Tax (GST). Also ...

The 56th meeting of the GST Council, held in New Delhi, under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman marked a significant milestone in India’s ...

The authors argue GST rate rationalisation has broadened the tax base, improved compliance and refunds, and boosted consumption, though its full impact will take longer to assess ...

AAR rules that offset printing job work on Kraft and Duplex Paper attracts 18% GST as composite supply, with offset printing ...

The union government recently announcednew GST rates for carswhich has brought down the effective tax payable on all ...

Every big tax regime gets tested in court. GST has had its share of fireworks. GST completes nine years with record Rs 23.11 lakh crore collection in FY 25-26 GST evolved from filing system to ...

GST collections have grown faster than nominal GDP in recent years, reflecting not only higher economic activity but also improvements in tax administration.