In a landmark decision, the GST Council has approved sweeping tax rate cuts that will take effect from September 22, coinciding with the first day of Navratri. Union Finance Minister Nirmala ...

Currently, all types of health and life insurance policies are subject to an 18 per cent GST. Before the implementation of GST in 2017, insurance premiums garnered a 15 per cent service tax, which ...

Implemented in 2017, India’s GST system unified taxation and enhanced transparency. To verify a GST bill’s authenticity, consumers must check the GSTIN, invoice number and date, invoice value and tax ...

Japanese automaker Honda has announced up to nearly Rs 19,000 benefits on its motorcycles and scooters, passing on the full benefit of the revised GST rates to customers. The company's announcement ...

1. Five percent GST will be applicable on pre-packed, labeled food items including atta, paneer, and curd, as well on hospital rooms with rent above ₹5,000. Meanwhile, an 18 percent GST will be levied ...

GST rate cut: India's central government-led GST Council, after its 56th Meeting on 3 September 2025, announced that the nation's future move to move on to a ‘two-tier’ tax system. Under this ...

The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, has approved the implementation of revised GST rates on goods and services beginning September 22, 2025.

A GST invoice is generated by a supplier or seller of goods and services to the buyer. The document contains purchase information and details of the supplier and buyer. According to a circular issued ...

The Goods and Services Tax (GST) Council on Wednesday, 3 September, approved wide-ranging reforms designed to simplify the tax regime and reduce the burden on citizens and businesses. At its 56th ...