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 ...

The Goods and Services Tax (GST) Council has approved a fresh two-tier tax structure of 5 per cent and 18 per cent which will come into effect on September 22. Union Finance Minister Nirmala ...

The 56th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman on Wednesday, approved a major rationalisation of GST rates, scrapping the existing 12 per cent and 28 per cent ...

The GST council earlier this month announced rationalisation of Goods and Services Tax (GST) rates, which came into effect on Monday, September 22. The news rates, significantly benefitting the lower ...

Finance Minister Nirmala Sitharaman on Wednesday announced the biggest rate overhaul since the introduction of the Goods and Services Tax (GST) in 2017, rolling out a simplified two-slab structure ...

GST 2.0 Rates Highlights: The new Goods and Services Tax (GST) rates have come into effect today, with a plethora of household items, cars, bikes, and TVs, among others, becoming cheaper. The changes, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...

GST Council Meeting Highlights: The 56th GST Council meeting, led by Finance Minister Nirmala Sitharaman, on September 3 approved the two-tier structure — 5 per cent and 18 per cent, and special tax ...

When will the changes in GST rates come into force? As per recommendations of the GST Council in its 56th meeting, the changes in GST rates on services and goods other than cigarettes, chewing tobacco ...

It is important that the new reforms not only deliver lower published rates but also inform us transparently about the impact of GST on our cost of living. A Good and Simple Tax that's "simpler, more ...