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NDTV Explains: What's Cheaper Under GST 2.0 Reforms
India will witness a restructuring of its Goods and Services Tax (GST) system from today, which government officials have described as the launch of "GST 2.0."
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Cancer Meds Get Cheaper: GST Council Slashes Tax On 33 Lifesaving Drugs
In what seems like a major public health push, the GST Council has cut GST on medicines, including 33 lifesaving drugs and 3 cancer/rare-disease medicines, to nil, and reduced GST on most other medicines and medical devices.
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Zero GST On Life & Health Insurance From September 22: Who Benefits And How?
From September 22, 2025, all individual life and health insurance premiums will attract 0% GST, down from 18%. Announced after the 56th GST Council meeting, this move cuts upfront costs, may widen coverage, and nudges households to buy adequate prote
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GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
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GST Rate Lowered On Movie Tickets, Printers, Over 60 Items: 10 Facts
The GST or Goods and Services Tax Council met on Sunday to review demands raised by 133 industries seeking change from the fitments originally made under the four-slab indirect tax structure. Chaired by Union Finance Minister Arun Jaitley, the Council lowered the tax rate for 66 items of common use. While taxes on packaged foods and school bags and...
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India's Mega Reform GST, Set For July 1 Rollout, Leaves Some Worried
The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...
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Won't Let Political Obstructionism Stop Insurance Reform, Says Finance Minister Arun Jaitley
A day after introducing the long-pending Goods and Services Tax (GST) Bill in the Lok Sabha, Finance Minister Arun Jaitley today said the government is "extremely determined" to push insurance sector reforms and will not allow political obstructionism to stop it.
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NDTV Explains: What's Cheaper Under GST 2.0 Reforms
India will witness a restructuring of its Goods and Services Tax (GST) system from today, which government officials have described as the launch of "GST 2.0."
-
Cancer Meds Get Cheaper: GST Council Slashes Tax On 33 Lifesaving Drugs
In what seems like a major public health push, the GST Council has cut GST on medicines, including 33 lifesaving drugs and 3 cancer/rare-disease medicines, to nil, and reduced GST on most other medicines and medical devices.
-
Zero GST On Life & Health Insurance From September 22: Who Benefits And How?
From September 22, 2025, all individual life and health insurance premiums will attract 0% GST, down from 18%. Announced after the 56th GST Council meeting, this move cuts upfront costs, may widen coverage, and nudges households to buy adequate prote
-
GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
-
GST Rate Lowered On Movie Tickets, Printers, Over 60 Items: 10 Facts
The GST or Goods and Services Tax Council met on Sunday to review demands raised by 133 industries seeking change from the fitments originally made under the four-slab indirect tax structure. Chaired by Union Finance Minister Arun Jaitley, the Council lowered the tax rate for 66 items of common use. While taxes on packaged foods and school bags and...
-
India's Mega Reform GST, Set For July 1 Rollout, Leaves Some Worried
The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...
-
Won't Let Political Obstructionism Stop Insurance Reform, Says Finance Minister Arun Jaitley
A day after introducing the long-pending Goods and Services Tax (GST) Bill in the Lok Sabha, Finance Minister Arun Jaitley today said the government is "extremely determined" to push insurance sector reforms and will not allow political obstructionism to stop it.
