Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

New Delhi: The much-anticipated two-slab structure in ‘next-gen’ GST regime may be a reality before Diwali for the middle ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

The Central Association of Private Security Industry (CAPSI) has written to Prime Minister Narendra Modi requesting a re-look ...

Proposed GST cut on small cars from 29% to 18% could make popular models like Maruti Swift, Dzire, Tata Punch and more ...

The additional cost from input credit reversal will likely be factored into the pricing of insurance policies, offsetting a large part of the intended relief for customers, they say ...

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...