Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...

The Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...

The panel of state ministers has proposed exempting health and life insurance premiums for individuals from the current 18%, ...

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

E-sports in India may move to lower GST slab, boosting industry growth and distinguishing it from real-money gaming.

The Indian government’s proposed goods and services tax (GST) 2.0 rationalisation could become a major demand-side stimulus, ...

Currently, life and health insurance premiums attract 18% GST — a levy long criticised by insurers and policyholders for ...

The Finance Ministry (MOF) said the Sales and Service Tax (SST) covers a larger number of exempted or zero-rated items ...

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...

The biggest beneficiaries will be commoners, with GST reduced on all essential items, and SMEs, which will turn more ...

Bhatti Vikramarka pointed out that while states may lose a portion of revenue, which otherwise could be used for welfare ...