New Delhi: Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from today as reduced GST rates on about 375 items come into effect. The government ...
Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand.
Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...
The CFI recommended either a nil GST rate or a maximum of 5 per cent on academic coaching and competitive exam preparation ...
Ahead of Budget 2026-27, the Economic Survey 2025-26 signals major tax relief for taxpayers, including no income tax up to ₹12 lakh, a simplified GST 2.0 structure, GST exemption on insurance, and ...
GSTAT upheld that the benefit of GST reduction from 28% to 18% was not passed on to consumers and directed recovery of ₹19.32 ...
Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...