Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

Have you ever wondered how the tax on the goods we buy works? Or, do you have a question in your mind who should get GST ...

The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...

For purposes of determining the inclusion ratio, every individual is allowed a GST exemption (the base figure is adjusted annually for inflation). The amount is $13.99 million in 2025, $13.61 million ...

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 ...

NIPFP study says GST rate reductions are expected to enhance consumers' purchasing power ...

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 ...

In its meeting on September 3, the GST Council approved the elimination of two GST slabs: 12 per cent and 28 per cent, among other things. From groceries and fertilisers to footwear, textiles, and ...

GST Bachat means "GST savings" and is used to describe the real gains Indian consumers get from the recent GST 2.0 changes. The government's new "GST Bachat Utsav" (Savings Festival) is a 100-day ...

Parliament's Winter Session sees the government proposing new excise duty on tobacco and a 'Health Security–National Security ...