The Goods and Services Tax (GST) rates have been put into action from September 22nd. The reforms are intended to simplify the tax structure and affect a wide range of goods and services. The tariff ...

The Income Tax Department has released Excel Utilities for updated returns. These are for ITR-5, ITR-6, and ITR-7 forms. This ...

The Life Insurance Council - a forum of industry stakeholders - is expected to seek clarity from the Insurance Regulatory and Development Authority of India (IRDAI) and the Centre on key issues ...

The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the ...

The government's GST rate rationalisation for the textile sector aims to boost the industry towards a $350 billion target by 2030. Key changes include reduced GST on garments and fibres, making ...

Ankur Kharbanda, executive director, Niva Bupa Health Insurance, confirmed the company is not looking at any “immediate price increase,” even as it assesses the impact of the rate change. Kharbanda ...

The GST Council’s unanimous confirmation of GST rate simplification is a substantive growth-positive reform and a multi-pronged economic catalyst. A huge Diwali gift as was promised, hitting multiple ...

On Independence day, Prime Minister Narendra Modi announced to simplify the GST regime in the country. Now, the Finance Minister has announced a great relaxation for the car buyers in the country with ...

Mumbai: Just before Diwali, the Indian government has brought great news for middle-class families. The GST (Goods and Services Tax) rates have been reduced, making many electronic items, including ...

New GST Rate on Beverages: The Goods and Services Tax (GST) Council, in its 56th meeting on 3 September, announced sweeping reforms to simplify the indirect tax system. While many essential goods have ...

With GST 2.0 involving multiple rate reductions and rationalisation across products, businesses will now have to start recalibrating these changes to their inventory and also amend systems to handle ...

Consumer product companies spanning fast-moving consumer goods, automobiles and durables say the GST rate rationalisation will provide a decisive lift to consumption in the festive season. Industry ...