In a bid to make GST filing easier for taxpayers, a new functionality has been introduced on the official portal of GST. This new functionality has been initiated with the filing of GSTR-3B returns ...
In a relief to consumers and common man ahead of the festive season, the gst Council led by Finance Minister Nirmala Sitharaman has decided to reduce GST rates on a number of items. The 56th meeting ...
The notification replaces cess rates with “Nil” across extensive Schedule entries. The key takeaway is the effective withdrawal of Compensation Cess on the listed goods starting 1 February ...
The GST Group of Ministers (GoM) has proposed exempting health and life insurance premiums from the GST levy, a move aimed at making insurance more affordable. While this appears beneficial for ...
Several items are set to get cheaper from Monday and over 50 products will now attract Nil tax as the new tax rates on goods and services (GST) comes into effect from September 22 — the first day of ...
In a landmark decision, the Goods and Services Tax (GST) Council has scrapped GST on all individual health and life insurance policies. Effective from September 22, the exemption applies to term life, ...
Last week, policyholders breathed a huge sigh of relief when Finance Minister Nirmala Sitharaman slashed GST on individual health and life insurance premiums from 18% to zero, starting September 22, ...
Life Insurance Corporation of India (LIC) attracted strong investor interest on the first day after the government scrapped goods and services tax (GST) on individual traditional life insurance ...
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