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 ...
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 ...
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 ...
In fact, the average GST liability rate is expected to fall to 4-6% under the new structure as against 5-7% under the old ...
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 ...
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 ...
Parliament's Winter Session sees the government proposing new excise duty on tobacco and a 'Health Security–National Security ...
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