The government is reportedly considering a GST revamp to ease the burden on the middle class by lowering rates on common household items. This potential change follows the recent income tax regime ...
Union Finance Minister Nirmala Sitharaman addresses the media regarding the 56th GST Council meeting.(PTI) GST Council Meet: Union Finance Minister Nirmala Sitharaman on Wednesday announced a slew of ...
Prime Minister Narendra Modi on Sunday announced the implementation of the next-generation Goods and Services Tax (GST) reforms from September 22, marking what he called a major step towards the ...
NEW DELHI: The proposed Goods and Services Tax (GST) restructure aims to bring respite to the growing aspirational middle class, confirmed sources from the Ministry of Finance. Thus, the GST on goods ...
For every ₹1 of GST revenue forgone, the economy expands by ₹1.08. Simply put, GST cuts generate the strongest growth impact among all tax measures. GST 2.0’s aim is to lift retail consumption.
Homebuyers may get a major relief this Diwali as the government plans to simplify the country’s GST structure. Announced by Prime Minister Narendra Modi on Independence Day, the current four GST slabs ...
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New GST rates kick in: Here's how much middle class families will save on cars, food, and insurance
Starting today, India's middle class can expect to save thousands, even lakhs, annually, thanks to sweeping 2025 GST reforms that slash taxes on essentials, insurance, cars, and electronics. The Modi ...
June GST collection stood at Rs 1.84 lakh crore. The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming GST Council meeting. According to ...
New Delhi: Finance Minister Nirmala Sitharaman said on Wednesday that changes in the GST structure will bring relief to common people, farmers, the middle class, and small businesses (MSMEs). Under ...
Ahead of the Union Budget, Congress general secretary Sachin Pilot on Thursday demanded that the Centre rationalise goods and services tax (GST) slabs and provide relief to the middle class and lower ...
GST News: With GST cuts making insurance premiums tax-free, middle-class families see long-awaited relief. Many say the move will ease financial strain and improve access to essential cover.
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