A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...

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

Under Centre’s proposed plans, government wants to reduce the current rate structure to just two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers.

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

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

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

Group of Ministers accepts the Centre's rate rationalisation proposal, which includes consolidating the slabs into two — 5 ...

The Group of Ministers on rate rationalisation endorsed the Centre’s plan to introduce a simpler structure, replacing the ...

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.

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

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.

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...