Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

The financial expert explained that ITC eligibility today depends on whether documents collectively tell a consistent story ...

India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...

Finance Minister Nirmala Sitharaman addressed claims regarding Goods and Services Tax in Lok Sabha. She clarified that milk has always been exempt from GST. Educational supplies like books and ...

Earlier, Section 24 of the CGST Act mandated compulsory registration for certain categories—most notably entities liable to pay tax under RCM—regardless of turnover. This created confusion for NGOs ...

As of September 22, 2025, food delivery apps such as Zomato and Swiggy will need to apply an additional 18% GST on delivery fees, over and above the existing 5% GST on food orders. The GST Council has ...

The GST council had eliminated the 18% cess previously charged on on individual health and life insurance premiums following ...

India's revised GST rates, effective September 22, are set to reshape travel and tourism. Budget hotel stays, with tariffs up to INR 7,500, will now be taxed at 5%, down from 12%. Economy-class air ...

GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...

Travellers in India may soon breathe a little easier. The Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, approved major changes to tax rates on hotels and air ...