Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

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 GST Council has approved a major overhaul of the Goods and Services Tax system, slashing rates on several everyday items. Roti, hair oil, ice creams, and televisions are set to become cheaper. We ...

By Smita Singh A critical aspect of GST implementation over the past 8 years to some extent has been policy variability. In ...

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 States of Guernsey is due to vote on the future tax policies for the island later this year.

New GST Rates 2025 Live Updates: In a major relief for consumers and small businesses, the GST Council, comprising the Centre and states - under PM Narendra Modi, has decided to reduce tax rates on ...

New GST Rates Highlights: Around 375 items are set to get cheaper after the GST reforms announced by the Centre come into effect today, on September 22. Check out the details here. (Gemini AI) New GST ...

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...

Educational services such as services provided by schools are exempted from GST. Pankaj Chaudhary, minister of state in the Ministry of Finance said in Lok Sabha on November 25, 2024, that the ...

The High Court ruled that data management services provided to a foreign affiliate constitute export of services, with the place of supply outside India. GST demands raised by treating such services ...