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Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...
GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.
According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...
The Group of Ministers on rate rationalisation has recommended a two-slab GST structure of 5% and 18% and a special rate of 40%. As the GST Council prepares to deliberate, states remain concerned ...
Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...
Six days ago, Prime Minister Narendra Modi, in his Independence Day address, announced the next big phase of reforms under the GST regime by Diwali, a gift for the common man, small entrepreneurs and ...
Group of Ministers in Bihar endorse Centre's GST proposal, with new 40% slab and limited 28% goods, for rate rationalisation.
The Central Board of Indirect Taxes and Customs has extended deadline to file the GSTR-3B tax payment form till August 27 ...
GST changes are set to reshape India’s real estate sector, property market, and housing affordability. With new tax slabs on cement, steel, and construction materials, developers and homebuyers may ...
The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be ...
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