Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...
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What is GST? Meaning, types and registration process
India introduced the Goods and Services Tax (GST) on July 1, 2017, marking a historic change in the country's tax system. Before GST, people and businesses had to deal with different indirect taxes ...
India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it ...
New GST Rates highlights: The new Goods and Services Tax (GST) reforms have come into effect today, September 22, coinciding with the beginning of the Navratri festival. The GST rate cut makes scores ...
The Union government led by Prime Minister (PM) Narendra Modi had initiated several key economic reforms during the last one decade. But nothing could be viewed as more transformational than the ...
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