Page 6 of GST council

Big GST cut on insurance in the works? What it means for your premiums in 2025

The GST Council is likely to consider reducing or removing 18% GST on life and health insurance premiums in its…

July 9, 2025 17:38 IST

gst, Goods and Services Tax Council, economy, GST Council, operation sindoor

Consumption booster from GST slabs rejig planned

The GST Council may meet in August to discuss slab rejigs aimed at boosting consumption. A simplified tax structure with…

July 6, 2025 22:06 IST

Group of Ministers, GoM, GST Revenue Analysis, GST, economy

GoM flags Rs 2.2 lakh crore GST evasion, eyes sector-specific fixes ahead of council meeting

The GoM on GST Revenue Analysis met to address Rs 2.23 lakh crore in tax evasion. Key topics included sector-wise…

July 4, 2025 23:05 IST

Big Relief Ahead? Centre Eyes Major GST Cut for Middle and Lower Incomes. / Representative Photo (Image Source: PTI)

Toothpastes to bicycles: Centre mulls GST relief for middle class on THESE items

The Central government is reportedly planning a major GST rate reduction, potentially eliminating the 12% slab or moving items to…

July 2, 2025 20:16 IST

India's Tax Reform Plateaus at 6.7% of GDP, PwC Urges "GST 2.0" for Rate Rationalization & Broader Base. (Image Source: Fe)

GST turns eight Structural recast key to higher revenue productivity

As India’s Goods and Services Tax (GST) completes eight years, its revenue productivity, though improved post-pandemic, has plateaued around 6.7%…

June 30, 2025 22:55 IST

GST @ 8: India Inc. Endorses Landmark Tax Reform, Calls for "GST 2.0" to Fuel Next Phase of Economic Growth. (Image Source: Freepik)

A transformative growth journey

The story of GST is the story of India’s ambition to create a seamless, scalable and sustainable economy.

June 30, 2025 21:35 IST

FE Exclusive| FM Nirmala Sitharaman hints at lower GST rates, ‘the expectation is that it will come down’

FM Nirmala Sitharaman signals lower, simpler GST rates ahead; stay tuned for updates from the next GST Council meeting.

Updated: July 1, 2025 12:16 IST

GST, GST collection, GST revenue, exports, imports, GST refund, geopolitical factors, consumer spending

56th GST Council Meeting: Slabs, cess and simplification – Here’s what to expect

The 56th GST Council meeting is expected to take up key issues including rate rationalisation, compensation cess, and compliance simplification.…

Updated: June 26, 2025 14:36 IST

tax relief, health insurance, life insurance, insurance premium, insurance sector, GST Council, GST Council meet, Nirmala Sitharaman, GoM, IRDAI, input tax credit

GST Council Meet coming up: Relief on life and health insurance premiums likely on agenda

The 56th GST Council meeting is set to take place in June 2025 under the chairpersonship of Finance Minister Nirmala…

Updated: June 10, 2025 17:14 IST

goods and services tax, GST, Central Board of Indirect Taxes & Customs, CBIC, CII

CII seeks early GST rate rationalisation in meeting with FM

CII urges early GST rate rationalisation and reforms in meeting with FM. Key suggestions include including petroleum products under GST,…

May 27, 2025 23:10 IST

gst, tax, economy, Goods and Services Tax Council, life insurance tax

GST Council to take up slabs rejig, compensation cess at next meet

GST Council to discuss rate rationalisation, simplification, and future of compensation cess in upcoming meet. Key proposals include merging 12%…

May 23, 2025 20:42 IST

GST, economy, Gross goods and services tax, tax, GST revenue

Govt collects record GST in April

India’s GST collections hit a record Rs 2.37 lakh crore in April 2025, up 12.6% YoY, driven by strong domestic…

May 1, 2025 21:18 IST

GST, GST collection, taxpayers, tax regime, monthly collection

Mandatory e-filing, hybrid hearing part of rules for GST appellate tribunals

Centre notifies GST Appellate Tribunal (GSTAT) rules mandating e-filing and hybrid hearings for faster GST dispute resolution. New guidelines streamline…

April 26, 2025 05:11 IST

Tax, insurance, GST Council meet, GST, Money, pension. Goods and Services Tax

Tax on insurance likely to be cut to 5% at GST Council meet

GST on health and life insurance may be cut from 18% to 5% with input tax credit at the upcoming…

April 17, 2025 20:36 IST

GST relief on insurance premium: Why 5% tax could be better than a full waiver for consumers

GST relief on insurance: Why 5% tax could be better than a full waiver for consumers

This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as…

March 25, 2025 12:30 IST

Insurance GST likely to be slashed to 5%. (Image Source: Freepik)

GST on insurance may be slashed to 5%

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums…

March 23, 2025 19:19 IST

popcorn, GST, GST tax rate, GST council, Nirmala Sitharaman, Caramel popcorn, manufacturing process, ease of doing business, tax structure

Kya aapke popcorn mein caramel hain?

Popcorn flavoured with salt and spices that are not pre-packaged and labelled are taxed at 5%, while pre-packaged and labelled…

January 7, 2025 11:02 IST

gst, gst council, gst council decisions, gst council explained

EXPLAINER: Why keeping GST simple is getting increasingly difficult

THE GST COUNCIL raised the tax rate on ready-to-eat popcorn to 18% in cases where it is mixed with sugar,…

December 30, 2024 01:00 IST

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SSC CGL Tier 1 Answer Keys 2025 to be released today, October 15. Exams were held in 255 centres across 126 cities with 13.5 lakh candidates out of 28 lakh appearing. Rescheduled test for candidates accused of malpractices also conducted successfully on October 14. Provisional answer key and response sheet to be available on ssc website.

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