GST Rate on Tobacco Industry 2025-26: The GST rate on tendu leaves has been cut to 5%, similar to what 5% rate is already there for tobacco leaves. (Image: PTI/Freepik) GST Rate and Compensation Cess ...

Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

The rationalisation of Goods and Services tax, done eight years after the flagship reforms were initiated, took place after a clear directive from Prime Minister Narendra Modi delivered from the ...

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 ...

Finance Minister Nirmala Sitharaman announced significant GST rate cuts following the 56th GST Council meeting, implementing a two-tier structure of 5% and 18% effective September 22. The rate ...

Prime Minister Narendra Modi on Friday said the next generation reforms in Goods and Services Tax (GST) will be unveiled by Diwali, which will provide ‘substantial’ tax relief to common man and ...

The 56th Goods and Services Tax (GST) Council meeting, scheduled for today and tomorrow, in New Delhi, is set to discuss one of the biggest tax overhauls since the GST regime was rolled out in 2017.

Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST ...

New GST Rates highlights: The new Goods and Services Tax (GST) reforms have come into effect today, September 22, coinciding with the beginning of the Navratri festival. The GST rate cut makes scores ...

Goa has experienced significant growth in its GST revenue this year, exceeding the figures from the previous year. By November 2024, GST collections reached Rs 2,814.76 crore, reflecting a robust 9.57 ...

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