Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...

The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.

Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...

Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...

As millions of Canadians feel the pressure of rising costs, the federal government has introduced changes to boost the Goods and Services Tax (GST) credit. Here’s what you need to know.

India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...

Travellers in India may soon breathe a little easier. The Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, approved major changes to tax rates on hotels and air ...

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 ...

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 ...

India's revised GST rates, effective September 22, are set to reshape travel and tourism. Budget hotel stays, with tariffs up to INR 7,500, will now be taxed at 5%, down from 12%. Economy-class air ...

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, ...

Gross GST collections rose 6.2% to ₹1.93 lakh crore in January, driven by higher import revenues and reduced refunds.