The earlier tax slabs have been simplified into two tax rates- 5% and 18%, effective from September 22. The GST council earlier this month announced rationalisation of Goods and Services Tax (GST) ...

India's new GST 2.0 reform allows low-risk small businesses to get GST registration in just 3 working days. Simplified, ...

The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...

Summary of GST provisions on detention of goods and vehicles, e-way bill compliance, penalty, appeal, and refund procedures under Sections 68 and ...

Year-end GST compliance for FY 2024–25 is critical. CAs face challenges in manual reconciliation and managing ITC. Automation software streamlines GSTR-2B matching, e-invoicing, and discrepancy ...

From September 22, 2025, the government’s revamped Goods and Services Tax (GST) regime, dubbed Next-Generation GST or the GST Bachat Utsav, comes into force. Finance Minister Nirmala Sitharaman has ...

The new GST rates come into effect from Monday, a move that Prime Minister Narendra Modi said, along with earlier income tax changes, will help Indians save nearly ₹2.5 lakh crore. Home appliances ...

Consumers are reporting that the GST rate reductions on essential goods aren't being passed on to them. Overcharging violates the Legal Metrology Act, but consumers can file complaints through the NAA ...

The much-awaited GST 2.0 will take effect from today, bringing sweeping changes for automobile buyers in India. With revised tax rates, major automakers are passing on the benefits directly to ...

The scheme, which takes effect from today, allows small business applicants identified as low-risk through data analytics or those who self-assess a monthly output tax liability of up to Rs 2.5 lakh ...