Deputy Liam McKenna says he wants to take GST off the table for this political term.

The law now permits deduction of post-supply discounts even if decided later. This eases commercial flexibility and reduces ...

From February 1, 2026, smokers and pan masala consumers across India are facing a sharp increase in prices following a sweeping revamp of the government’s taxation policy on so-called “sin goods.” The ...

Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...

Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...

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 ...

India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...

The recently announced Canada Groceries and Essentials Benefit will cost an estimated $12.4 billion over six years, according to the Parliamentary Budget Officer.

In FY25 alone, CGST officers detected GST evasion of more than Rs 2.23 lakh crore. Of the 30,056 cases identified during the ...

Gross GST collections rose 6.2% to ₹1.93 lakh crore in January, driven by higher import revenues and reduced refunds.

As of September 22, 2025, food delivery apps such as Zomato and Swiggy will need to apply an additional 18% GST on delivery fees, over and above the existing 5% GST on food orders. The GST Council has ...