The GST rate rationalisation, which was introduced in September 2025 provides two-tier structure of 5 percent and 18 percent, along with a 0 percent slab (exempt) and a new 40 percent demerit rate for ...

Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

GST registration is not merely a statutory requirement but a strategic necessity for businesses operating in India. Since the ...

New GST Rate Change: India's GST system underwent a significant reform in September 2025 with the rollout of GST 2.0. The GST Council approved a simplified two-rate structure—5% and 18%—replacing the ...

While prices of cigarettes and other tobacco products, such as Gutkha, are set to rise after the GST reforms announced yesterday, the humble bidi will see a marginal drop in prices. The GST on bidis, ...

In a landmark rate rationalisation, the GST Council, chaired by Finance Minister Nirmala Sitharaman, has exempted GST on all individual life and health insurance policies, including reinsurance ...

GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...

The Confederation of Guernsey Industry (CGi) has called on the government to look at alternatives to a goods and services tax ...

The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...

The great Indian GST (Goods and Services Tax) reset is now underway. From September 22, Goods and services will either be GST-exempt or attract tax at the rate of 5 percent, 18 percent, and 40 percent ...

GST 2.0 officially comes into effect today, bringing a major overhaul to India’s tax system. Shoppers across the country will notice visible changes in the prices of everyday goods and services. The ...