A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

SBI Research estimated that the effective weighted average GST rate has come down from 14.4% at the time of inception to 11.6 ...

The total amount of items exempted or zero-rated are higher under the Sales and Service Tax than the Goods and Services Tax, ...

The GoMs on rate rationalisation, insurance taxation and compensation cess will over two days deliberate on the Centre's 'next-gen' GST reforms, under which tax will be levied at 5% and 18% rates.

E-sports in India may move to lower GST slab, boosting industry growth and distinguishing it from real-money gaming.

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

The Finance Ministry (MOF) said the Sales and Service Tax (SST) covers a larger number of exempted or zero-rated items ...

Currently, life and health insurance premiums attract 18% GST — a levy long criticised by insurers and policyholders for ...

MUMBAI: The proposed GST reforms, announced by the prime minister to be rolled out by Diwali, halving the current four-rate ...

The GST Council plays a major role in creating a harmonised tax structure and fostering a unified national market by ...

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...