The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

GST Council Recommendations, New GST Rates: GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after the ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

For purposes of determining the inclusion ratio, every individual is allowed a GST exemption (the base figure is adjusted annually for inflation). The amount is $13.99 million in 2025 (projected), $13 ...

GSTN has resolved a long-standing issue where taxpayers faced double GST payments when filing appeals. The new GST DRC-03A ...

The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.

As Budget 2026 approaches, one idea is quietly gaining traction in policy circles and among taxpayers — can personal income tax be simplified the way Goods and Services Tax (GST) was streamlined over ...

Mr. J.P. Singh delivered a detailed overview of the Goods and Services Tax (GST) framework and its interaction with the ...

The GST authority held that soap containing more than 60% Total Fatty Matter qualifies as toilet soap under HSN 3401. As a result, such soaps attract 5% GST despite being used for both bathing and ...

The National Seminar on GST Reforms, Livelihoods, and Employment Dynamics in Southern India: Implications for Vision Viksit ...

The government has spent ₹88.74 crore on advertising for GST Bachat Utsav, under which tax rates on a host of goods were ...