Devdiscourse

Government's Rs 88.74 Crore Push for GST Bachat Utsav: A Strategy to Ease Consumer Burden

The government spent Rs 88.74 crore advertising the GST Bachat Utsav, which reduced tax rates on 375 items from September 22, ...
The Financial Express

GST exemption on Rs 5 lakh health insurance? What the big tax relief could mean for middle-class Indians

June GST collection stood at Rs 1.84 lakh crore. The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming GST Council meeting. According to ...
Tax Guru

GST Portal Bank Account Validation: What Every Registered Taxpayer Must Do

The GST portal now enforces mandatory bank account validation for registered taxpayers. Failure to link or validate bank details within the prescribed time can result in automatic GSTIN ...
Indiatimes

GST revenue momentum: Collections rise 4.6% to Rs 1.96 lakh crore in October; festive demand offsets impact of rate cuts

India's GST collections reached approximately Rs 1.96 lakh crore in October, a 4.6% year-on-year increase driven by strong festive demand and pent-up consumption. This growth occurred despite recent ...
The Financial Express

GST Council meet: GST exemption on life and health insurance likely, but will it really benefit policyholders?

The 56th meeting of the GST Council, starting today, is expected to take up one of the most significant reform proposals in recent years — a complete exemption of GST on life and health insurance. If ...
Business Today

GST 2.0: Finance ministry holds discussions with industry representatives

The Union finance ministry has held discussions with industry representatives over concerns around the goods and services tax (GST) and recommendations on how to improve the indirect tax levy. The ...
Tax Guru

GST Authorities Issue Warning on Fake Officers Seeking Payments and Information

Authorities warned taxpayers about fake GST officers conducting fraudulent inspections. Businesses must verify officer identity, written authorization, and DIN before allowing any search or ...
Mint

GST reforms: Govt to scrap 12%, 28% rates—a gamechanger for consumers?

New Delhi: In a major overhaul of the multitiered goods and services tax (GST) structure, the Central government has proposed scrapping the 12% and 28% slabs, among other reforms to India’s indirect ...
The New Indian Express

GST Reforms: GoM supports two-slab structure, but flags the need to address revenue loss

Under the Center's proposed revamp, essential and merit goods will attract a 5% GST rate, while most other goods and services will fall under the 18% standard rate. NEW DELHI: In a significant move in ...
NDTV

GST Revamp: What's Cheaper, Costlier? See Full List Here

GST Rate Changes: The revised GST rates will come into effect on September 22. The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since ...
Hindustan Times

'Next-gen GST' to roll out from Sept 22: Key takeaways from govt's tax overhaul, FAQs answered

Finance minister Nirmala Sitharaman on Wednesday announced sweeping changes to the Goods and Services Tax (GST) regime after the 56th GST Council meeting in New Delhi. A landmark decision also exempts ...