The CBIC is formulating rules to implement Section 11A of the CGST Act, enabling the government to waive past GST dues for ...
After the GST rates were changed on Wednesday, to come into effect on September 22, here are some of the major questions being asked, and their answers as shared by officials: Union Finance Minister ...
Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...
“Gross Goods and Services Tax (GST) collection doubled in five years to reach an all-time high of ₹22.08 lakh crore in the 2024-25 fiscal year, from ₹11.37 lakh crore in FY21,” government data showed ...
The Liberal government's one-time GST rebate top-up, announced earlier this year, is set to begin landing in some Canadians' ...
The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...
With GST rolling out from July 1, the new tax regime subsumed a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and ...
GST is seen boosting India's GDP growth by 1.5-2 per cent over the long term From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a ...
According to officials, the investigation revealed that the accused had allegedly secured GST registrations by submitting ...
India's revised GST rates, effective September 22, are set to reshape travel and tourism. Budget hotel stays, with tariffs up to INR 7,500, will now be taxed at 5%, down from 12%. Economy-class air ...
From 22 September 2025, accommodation below ₹7,500 per day attracts 5% GST without ITC instead of 12%. The change aims to reduce costs and support the hospitality ...