After the GST rates were changed on Wednesday, to come into effect on September 22, here are major questions being asked, and their answered as shared by officials: As per recommendations of the GST ...

Explains when GST applies to real estate transactions and when sale of land or buildings falls outside GST. The key takeaway is that GST targets construction services, not immovable property ...

Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...

New GST Rates List of Items: Many important decisions were taken in the GST Council meeting held on Wednesday. Many major changes were approved in this 8-year-old system. After the meeting, Council ...

Recent tax policy reforms, including the restructuring of personal income tax and the rationalisation of the Goods and ...

By Smita Singh A critical aspect of GST implementation over the past 8 years to some extent has been policy variability. In the first year alone, the GST Council made dozens of changes to tax rates, ...

While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...

Easier compliance, rationalisation of rates and strengthening formalisation of retail chain is on the industry wishlist ...

As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...

Bombay High Court grants interim relief to Himesh Foods Pvt. Ltd. in Mad Over Donuts GST dispute, impacting restaurant and café tax classification.

Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...