A major relief to health and life insurance policyholders was provided when the Goods and Services Tax (GST) Council stated on September 3, 2025, that all individual life and health insurance premiums ...
The changes in the GST charges will be applicable from Monday. As a result the customers will be obliged to pay more on certain products as per the decision taken by the GST Council. After a series of ...
The GST Council has proposed an increase in the tax rate to 18% on the margin of used car sales, which now includes electric vehicles (EVs) as well as specified petrol and diesel cars. This ...
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GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say
The Central Board of Indirect Taxes and Customs (CBIC) clarified that post-sale discounts offered by manufacturers to dealers, aimed purely at competitive pricing and driving sales, will not attract ...
Whether you eat at a restaurant, buy a bag of chips or pay your monthly internet bills, GST is applicable on almost everything. Yet almost six years after it was rolled out, the goods and services tax ...
GST on Rent: The Goods and Services Tax (GST) on rent has been implemented with effect from 18 July. But the GST will apply only in certain conditions and not in all cases. The government recently ...
Clearing the air around "misconceptions" about recently amended Goods and Services Tax (GST) rules, the Central Board of Indirect Taxes and Customs (CBIC), in a series of tweets, has said the rule ...
The finance ministry on Monday clarified that goods and services tax (GST) is applicable on the entire maintenance charge levied by taxable residential welfare associations if such charge is above ...
"If schools up to higher secondary level supply food directly to students, then the same is exempt from GST," the ministry said in an official statement. (Reuters) The Union Finance Ministry on ...
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