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The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...
India's GST collections grows 4.6% to ₹1.96 lakh crore in October despite tax cuts India's collections of goods and services tax (GST) witnessed a 4.6% year-on-year (YoY) growth to ₹1.96 trillion in ...
The government has classified key customs and GST platforms as protected systems under Section 70 of the IT Act. This move enhances cybersecurity safeguards and legally restricts access to authorised ...
The Centre implemented the Goods and Services Tax (GST) as a destination based tax from July 1, 2017 by replacing various indirect taxes such as excise duty, Value Added Tax (VAT) and service tax. The ...
Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...
While GST 2.0 lowers rates on goods, its unchanged levy on manpower supply services continues to impose a heavy burden on the formal use of temporary employment.(Mint) India's goods and services tax ...
GST reforms have unexpectedly increased notebook costs for students by shifting them to a nil-GST bracket. This move, intended to reduce prices, has instead burdened paper manufacturers and MSMEs due ...
The Goods and Services Tax (GST) exemption on life insurance premiums has driven a 21% year-on-year increase in private life insurers’ sales in October–November 2025, even as profitability faces ...
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