Separately, the Group of Ministers (GoM) on rate rationalisation also discussed Saturday a GST rejig for several items and proposed cutting rates for some items such as packaged water above 20 litres ...

As of 2024, the GST slab rates in India are categorised into four slabs: 0% , 5%, 12%, 18%, and 28%. Understanding the basics of GST tax rates holds significant importance for both businesses and ...

According to GST rules, it is mandatory for a business that has a turnover of above Rs.40 lakh to register as a normal taxable entity. This is referred to as the GST registration process. It is a ...

Goods and Services Tax (GST): Section 128A which was announced in Budget 2024 provides relief to GST registered taxpayers who have a pending section 73 tax notice. "The payment of tax required to be ...

iStock As GST completes seven years, and we are moving towards GST 2.0, continued consistent policies promoting "Atmanirbhar Bharat" are expected, aiming to reduce operational costs, improve customer ...

They are meant to help individuals and families offset the GST or HST that they pay. The GST/HST credit payments are calculated based on the adjusted family net income and the number of children ...

Your bank account might be getting a boost this month after the GST/HST credit went out at the beginning of October. The quarterly, non-taxable payment on Oct. 4 is meant to offset GST or HST ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Listen to Story GT Council considers removing health insurance premiums from GST Senior citizens may see complete GST exemption on premiums Final decision by GST Council expected by October-end The ...

COMMENT | When Prime Minister Anwar Ibrahim said the goods and services tax or GST would be introduced only if the minimum income rises to between RM3,000 and RM4,000 per month, he demonstrated a ...

The apex court said that the question of whether a mall or a warehouse or any building, other than a hotel or cinema, can be classified as a plant within the meaning of the expression plant or ...

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