Mumbai: Just before Diwali, the Indian government has brought great news for middle-class families. The GST (Goods and Services Tax) rates have been reduced, making many electronic items, including ...

The government has announced sweeping reforms for the Goods and Services Tax (GST) structure, which includes reductions in taxation for new cars. Notably, GST on new sub-4-metre cars with up to ...

With GST 2.0 involving multiple rate reductions and rationalisation across products, businesses will now have to start recalibrating these changes to their inventory and also amend systems to handle ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee ...

The Life Insurance Council - a forum of industry stakeholders - is expected to seek clarity from the Insurance Regulatory and Development Authority of India (IRDAI) and the Centre on key issues ...

The 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman at Sushma Swaraj Bhavan on September 3, introduced a slate of rate revisions and procedural reforms aimed at trade ...

Peter Drennan finds $3.7 bln in tax debt, money that should be circulating through government services like hospitals, schools & infrastructure but instead sits frozen in a standoff between struggling ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...

Union Finance Minister Nirmala Sitharaman on Wednesday announced a major policy shift: individual life and health insurance policies will now be fully exempt from Goods and Services Tax (GST). Termed ...

The GST Council has cut restaurant meal taxes to a flat 5% from 12-18%, effective 22 September, simplifying slabs to 5% and 18%. Several staple foods are now GST-free, and everyday items have reduced ...