The Uttar Pradesh Authority for Advance Rulings (AAR) held that the transfer of leasehold rights against a lump sum premium qualifies as a service and attracts 18% GST. The Jharkhand AAR echoed a ...

GST collections jumped 8.6% after adjusting for refunds, to ₹19.56 trillion, data from GSTN, the state-owned company that ...

Finance Minister Nirmala Sitharaman emphasized on Tuesday that financial matters of the country and states should remain ...

GST reshaped India's tax landscape and funds key developmental and welfare projects across the country. In 2024, these seven states topped collections, as per GST Council data.

This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as well as the insurance industry. A complete GST exemption would see input tax ...

Government standardizes GST at 18% for all used vehicle transactions, impacting organized industry players' finances and ...

Government enables Track & Trace mechanism to combat GST evasion, focusing on tobacco products with unique identifiers for ...

Replying to a question from Rajya Sabha member Golla Baburao, Chaudhary said that GST rates are set by the GST Council, a ...

Finance Minister Nirmala Sitharaman inaugurated the 'NITI NCAER States Economic Forum' in New Delhi — a digital platform ...

The circular provides detailed instructions for field officers handling applications involving mismatches between GSTR-1 and GSTR-3B, delayed return filings, and interest liabilities. If taxpayers ...

The group of ministers (GoM) on insurance is likely to meet in April to finalise its recommendations for the GST Council. The council is expected to consider the proposals at its next meeting in ...

The Goods and Services Tax (GST) Council is likely to introduce a uniform 5 percent GST rate on all commercial-use drones in its upcoming meeting, according to a Business Standard report citing ...