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GST 2.0 Healthcare Boost: Medicines, Devices And Insurance Get Cheaper From Today
Most medicines and medical devices will now attract only 5% GST, while individual health and life insurance premiums are completely exempt.
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New GST Rates Highlights: GST 2.0 Takes Effect, Food, Cars, TVs Become Cheaper
GST 2.0 Rates Highlights: The new Goods and Services Tax rates have taken effect today, with many items, including daily food and essentials, as well as life and health insurance policies, becoming cheaper.
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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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GST 2.0: Individual Health Insurance Premiums To Be GST-Free From Today
Union Finance Minister Nirmala Sitharaman announced a major reform under GST 2.0 at the 56th GST Council meeting on September 3. Effective today, individual health insurance premiums will be completely exempt from GST.
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Centre Directs Insurance Companies To Pass GST Benefits To Policyholders
The government has directed insurance companies to proactively undertake outreach campaigns to publicise GST reforms and pass on the benefits to policyholders.
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GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
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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.
-
New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
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Many Retirees Protest In China's Wuhan Over Health Insurance Reforms
Several hundred retirees staged a protest in the central Chinese city of Wuhan on Wednesday, according to witnesses and images on social media, following local anger over reforms to the public health insurance system.
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Deposit Insurance Reforms To Instil Confidence In Banking System: PM Modi
Prime Minister Narendra Modi on Sunday said deposit insurance reforms undertaken by the government will instil confidence in account holders on the banking system.
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Uber Claims U-Turn in Bid to Restore London Licence
Uber has said it has made significant reforms such as proactively reporting serious incidents to the police and insuring that all drivers are licensed by TfL.
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Modicare, World's Largest National Health Protection Scheme: All You Need To Know
In the Union Budget 2018-19, Finance Minister Arun Jaitley announced that India will have the world's largest healthcare programme for half a billion of its poorest citizens. He went on to lay out plans to merge three public sector insurance companies and list the new entity. The plan was soon dubbed "NaMoCare" by BJP president Amit Shah and "ModiC...
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"Worried About Fiscal Arithmetic" Of Budget, Says Manmohan Singh
Former Prime Minister Dr Manmohan Singh today said he was "worried" about the "fiscal arithmetic" of the Union budget and wondered how the government was planning to meet its promises. In the last full budget before next year's general election, the focus has been on agriculture and rural sectors. Finance Minister Arun Jaitley has announced a new h...
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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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Donald Trump To Order US Treasury To Delve Into Taxes, Post-Crisis Reforms
U.S. President Donald Trump will order the Treasury on Friday to find and reduce tax burdens and review post-financial crisis reforms that banks and insurance companies have said hinder their ability to do business.
-
GST 2.0 Healthcare Boost: Medicines, Devices And Insurance Get Cheaper From Today
Most medicines and medical devices will now attract only 5% GST, while individual health and life insurance premiums are completely exempt.
-
New GST Rates Highlights: GST 2.0 Takes Effect, Food, Cars, TVs Become Cheaper
GST 2.0 Rates Highlights: The new Goods and Services Tax rates have taken effect today, with many items, including daily food and essentials, as well as life and health insurance policies, becoming cheaper.
-
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."
-
GST 2.0: Individual Health Insurance Premiums To Be GST-Free From Today
Union Finance Minister Nirmala Sitharaman announced a major reform under GST 2.0 at the 56th GST Council meeting on September 3. Effective today, individual health insurance premiums will be completely exempt from GST.
-
Centre Directs Insurance Companies To Pass GST Benefits To Policyholders
The government has directed insurance companies to proactively undertake outreach campaigns to publicise GST reforms and pass on the benefits to policyholders.
-
GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
-
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.
-
New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
-
Many Retirees Protest In China's Wuhan Over Health Insurance Reforms
Several hundred retirees staged a protest in the central Chinese city of Wuhan on Wednesday, according to witnesses and images on social media, following local anger over reforms to the public health insurance system.
-
Deposit Insurance Reforms To Instil Confidence In Banking System: PM Modi
Prime Minister Narendra Modi on Sunday said deposit insurance reforms undertaken by the government will instil confidence in account holders on the banking system.
-
Uber Claims U-Turn in Bid to Restore London Licence
Uber has said it has made significant reforms such as proactively reporting serious incidents to the police and insuring that all drivers are licensed by TfL.
-
Modicare, World's Largest National Health Protection Scheme: All You Need To Know
In the Union Budget 2018-19, Finance Minister Arun Jaitley announced that India will have the world's largest healthcare programme for half a billion of its poorest citizens. He went on to lay out plans to merge three public sector insurance companies and list the new entity. The plan was soon dubbed "NaMoCare" by BJP president Amit Shah and "ModiC...
-
"Worried About Fiscal Arithmetic" Of Budget, Says Manmohan Singh
Former Prime Minister Dr Manmohan Singh today said he was "worried" about the "fiscal arithmetic" of the Union budget and wondered how the government was planning to meet its promises. In the last full budget before next year's general election, the focus has been on agriculture and rural sectors. Finance Minister Arun Jaitley has announced a new h...
-
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...
-
Donald Trump To Order US Treasury To Delve Into Taxes, Post-Crisis Reforms
U.S. President Donald Trump will order the Treasury on Friday to find and reduce tax burdens and review post-financial crisis reforms that banks and insurance companies have said hinder their ability to do business.
