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. The introduction of GST brought about ...
Starting September 22, insurers can't claim input tax credit (ITC) on GST paid for commissions on individual health and life policies, as clarified by CBIC. This aligns with the new GST structure ...
Mumbai: From publishing new, lower prices to liquidating older stock in quick sales, consumer goods companies, their distributors, and offline and online retailers are preparing to adjust new GST ...
As announced after the GST Council meeting earlier this month, the “simplified tax structure” with a majority of items under two slabs of 5% and 18% is in place from today. Several goods and services, ...
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GST 2.0: How new tax slabs impact consumer spending and business pricing in India across sectors
India’s GST 2.0 reform, effective September 22, 2025, introduces a streamlined tax structure with two primary rates, 5% and 18% and a 40% rate for luxury and sin goods. This change simplifies the ...
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