Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.

The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be ...

Cement sector posts robust Q1FY26 growth with higher volumes, improved realisations, and strong profitability. Proposed GST cut to 18 per cent may further support demand and reduce construction costs.

With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

GST changes are set to reshape India’s real estate sector, property market, and housing affordability. With new tax slabs on cement, steel, and construction materials, developers and homebuyers may ...

Noida: In an effort to foster greater cooperation between taxpayers and the Goods and Services Tax (GST) administration, the ...

Thane: A man was arrested Aug 19 for his alleged role in a GST credit fraud worth nearly Rs 48 crore, an official said on ...