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The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...
Introduced on 1 July 2017, the Goods and Services Tax (GST) revolutionised India’s indirect tax system by replacing multiple cascading levies with a single, transparent, destination-based tax.
After the GST rates were changed on Wednesday, to come into effect on September 22, here are some of the major questions being asked, and their answers as shared by officials: Union Finance Minister ...
GST Council Meeting Highlights: The 56th GST Council meeting, led by Finance Minister Nirmala Sitharaman, on September 3 approved the two-tier structure — 5 per cent and 18 per cent, and special tax ...
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 ...
GST Rate Cut FAQs (75): The central government late on Wednesday, September 3, released a set of 75 FAQs explaining key aspects related to key GST Council decisions. The Centre has released a few FAQs ...
A day before the rollout of GST 2.0, Prime Minister Narendra Modi asserted on Sunday that the next-generation reforms will accelerate India's growth story, urging people to promote 'swadeshi' products ...