A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.

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

India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...

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

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

The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of ...

India plans to reduce GST on small cars and insurance premiums as part of major tax cuts. The move aims to rejuvenate car ...

The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both ...

India's proposal to rationalise goods and services tax is a "huge reform", which is bound to have good outcomes, RC Bhargava, ...

In response, the Karnataka government launched a ‘Know GST’ campaign, assuring that old arrears won’t be pursued if traders register. Officials clarified GST applies only to businesses crossing ...

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

Act, 2025, introduces changes, including a new "track and trace" mechanism for certain goods, penalties for non-compliance, and amendments to input tax credit and appeal ...