Paytm introduces 'Gold Coins,' a rewards program converting digital payments into gold. Customers earn gold coins, redeemable ...

The Invoice Management System (IMS) ends automatic ITC population in GSTR-3B from Oct 2025. Taxpayers must Accept, Reject, or Pend B2B invoices via the GST ...

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 ...

E-commerce sellers on platforms like Amazon and Flipkart are facing uncertainty regarding GST slab changes ahead of the festive season sales. Concerns include delays in reflecting updated tax rates on ...

The central government is planning to introduce legislation in the winter session of Parliament to tax tobacco and related products, potentially replacing the existing GST compensation cess. While the ...

A day after Finance Minister Nirmala Sitharaman-headed GST Council approved a complete overhaul of the Goods and Services Tax (GST) regime, an unimpressed Congress termed it “GST 1.5”, saying that ...

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...

In the last eight years, the government had used the multiple GST rates to exploit and extract the last paise from the consumers. Finally, wisdom has dawned on the central government. On September 3, ...

There was an anti-profiteering committee that ensured the lower GST would be passed on to the consumers. That committee has been discontinued, O’Brien wrote quoting economist Amit Mitra TMC MP Derek O ...

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 ...

For those running a household, managing food and grocery bills September 3 came with a news of relief, as the GST Council rolled out sweeping tax cuts on everyday food items. Approved by Finance ...

Starting September 22, individual health and life insurance policies will be exempt from the 18% Goods and Services Tax. While this will reduce policy prices by 12–15% for customers, Kotak ...