Tag: GST

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GST rate cuts announced by FM Sitharaman! 5% and 18% to be two main slabs; new rates effective September 22

Finance Minister Nirmala Sitharaman on Wednesday announced major Goods and Services Tax (GST) rate cuts, saying that with the two-tier tax rate...

GST collections hit Rs 1.86 lakh crore in August 2025; see 6.5% increase YoY – below July’s Rs 1.96 lakh crore

GST collections August 2025: The Goods and Services Tax (GST) collections reached Rs 1.86 lakh crore in August, showing a 6.5% increase...

Auto industry crosses Rs 20 lakh crore mark in FY24; contributes 14-15% to total GST: SIAM president Vinod Aggarwal

NEW DELHI: The Indian automotive industry has crossed Rs 20 lakh crore mark in FY24 and now contributes 14-15 per cent of the total...

How govt can reduce cos’ compliance burden

Tax policy and administration play a pivotal role in shaping the economic landscape of a country. For corporates around the world, the competitiveness of...

No GST on hostels, rail platform ticket, waiting room, ESOPs

NEW DELHI: GST Council on Saturday decided to exempt all hostel fees, platform ticket, railway waiting room and golf cart charges as well as...

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