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 ...

This decision clarifies that affiliation and related functions lack commercial intent and consideration. As a result, GST cannot be imposed on such statutory ...

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 ...

FMCG companies reported a slowdown in September quarter sales and profitability due to temporary GST-related supply chain disruptions. Distributors and retailers cleared old stock, while consumers ...

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 ...

The GST Council on Wednesday announced major rate cuts, making several stationery items tax-free. The list includes maps, hydrographic charts, atlases, wall maps, topographical plans, globes, pencil ...

The GST Council’s decision to slash tax rates on key construction materials such as cement, granite, and marble is likely to ease project costs for developers and provide some relief to homebuyers.