Finance Minister Nirmala Sitharaman discusses GST rate rationalisation, aiming to simplify rates for essential goods. She ...
Stakeholders also seek a lowering of import duty on medical equipment and policies that encourage R&D in advanced ...
Goods and Services Tax (GST) collections in January, in gross terms, stood at Rs 1.96 lakh crore, with a yearly jump of 12.3 per cent, according to data from the finance ministry released Saturday. In ...
Here's an overview of GST on hotels 2025: The Goods and Services Tax (GST) rates for restaurant services vary based on certain criteria, including the type of establishment (AC or non-AC), the ...
As India gears up to claim the 4th spot among the world's largest economies by 2025, there is a pressing need to refine its ...
The Central Board of Indirect Taxes and Customs (CBIC) has announced a significant amendment to GST rules, enabling entities that don't need a GST registration to acquire a Temporary Identification ...
for non-compliance with loan terms will not attract an 18 per cent goods and services tax (GST). The 55th GST Council meeting addressed this issue after receiving representations seeking clarity on ...
In addition to this change in GST rate, Compensation cess may apply to certain items such as cigarettes and passenger cars. Here are examples of goods that fall under the highest GST rate category: ...