Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, on slow growth in revenues from domestic ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

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 ...

GST Council Meeting Highlights: The 56th GST Council meeting, led by Finance Minister Nirmala Sitharaman, on September 3 approved the two-tier structure — 5 per cent and 18 per cent, and special tax ...

Bunty, a businessmen who deals in car stereos is in a near panic situation. He thinks he has missed the proverbial GST bus. He has not registered yet, and attempts to call the GST helpline are in vain ...

The Council's website has all the details about the soon-to-be implemented GST. Much-awaited nation-wide tax Goods and Services Tax (GST) will be rolled out on mid-night of June 30 and will come into ...

GST Rate on Tobacco Industry 2025-26: The GST rate on tendu leaves has been cut to 5%, similar to what 5% rate is already there for tobacco leaves. (Image: PTI/Freepik) GST Rate and Compensation Cess ...

MoS MSMEs Bhanu Pratap Singh Verma said “numerous measures in respect of GST” were taken by the government to encourage MSMEs. Ease of doing business for MSMEs: Even as MSMEs have been critical of the ...

Information on GST returns will appear in an income tax statement form called Form 26AS. Experts feel this will ensure better compliance and curb tax evasion. “The Central Board of Direct Taxes (CBDT) ...