The concept of inverted tax structures has undergone a change post this reform. Earlier the differential input output rates caused the inversion, some of which have got settled now.
Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...
A significant change has been introduced in the GSTR-9 annual return form. This update, effective for FY 2024-25 with a ...
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GST exemption on insurance: Why Input Tax Credit loss worries insurers and what it means for your policy cost
The government’s decision to exempt health and life insurance premiums from the 18 per cent Goods and Services Tax (GST), effective September 22, 2025, has been welcomed as a big step toward ...
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