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New Delhi: Starting 22nd September 2025, GST on individual life and health insurance policies will no longer apply, marking a major relief for millions of policyholders across the country. This move is set to reduce the cost burden of essential coverage and expand access to financial protection. The exemption covers a wide range of products,…
Last Updated:September 04, 2025, 08:34 is GST rate cut on groceries, medicines, restaurant meals, hotel stays and flights could ease monthly budget pressures for Indian households From your kitchen staples to bathroom essentials, the GST Council has slashed rates on a wide range of daily use products. India’s indirect tax system is undergoing its biggest…
New Delhi: The upcoming changes to the Goods and Services Tax (GST), likely to be announced on Thursday, should trigger a decisive, consumption-led turn in India’s growth cycle, a report said on Wednesday. This adds to earlier stimulus measures like welfare spending and monetary easing, and has secondary benefits like formalisation. According to Emkay Global…
New Delhi29 minutes ago Copy link The government believes that small cars and entry-level bikes are not luxury items. Therefore, there should be less tax on them. (File photo) Preparations for GST 2.0 i.e. Next Jane GST are in the final stages in the country. The central government has sent the draft GST reforms to…