The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers' panel has endorsed the new rate structure, state ...

Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...

The Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...

The panel of state ministers has proposed exempting health and life insurance premiums for individuals from the current 18%, ...

E-sports in India may move to lower GST slab, boosting industry growth and distinguishing it from real-money gaming.

The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...

A man has been arrested in Maharashtra's Thane district for his alleged role in a GST (Goods and Services Tax) credit fraud worth ₹47.32 crore, an official said on Thursday (August 21, 2025).

The biggest beneficiaries will be commoners, with GST reduced on all essential items, and SMEs, which will turn more ...

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.