Centre Proposes Zero GST On Health, Life Insurance For Individuals

The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.

Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.

The Indian automotive industry could soon witness a GST cut on cars, and here's what the cut holds for the buyers and manufacturers.

Prime Minister Narendra Modi on Monday chaired a high-level meeting, which included top Union ministers, secretaries and economists, to deliberate on the roadmap for the next generation reforms.

Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.

An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.

Prime Minister Narendra Modi on Sunday said the Centre has circulated the draft of the next-generation GST reforms among states and sought their cooperation to implement the proposal before Diwali.

Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.

Tamil Nadu Chief Minister M K Stalin has written to Prime Minister Narendra Modi, warning that the steep US tariff hikes on Indian imports could deal a crippling blow to the state's export-driven economy.

The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.

India is set to witness major reforms in the Goods and Services Tax (GST) regime this year. These "next-generation" reforms would drop by before Diwali, Prime Minister Narendra Modi promised this morning.

n his speech, the Prime Minister presented India's roadmap for self-reliance by 2047 and announced several schemes to empower youths, women and business.

Prime Minister Narendra Modi has promised a Diwali gift for the citizens of the country in his speech on the occasion of the 79th Independence Day.

The Enforcement Directorate (ED) conducted extensive search operations on Thursday at 12 locations spread across Jharkhand, West Bengal, and Maharashtra in connection with a case linked to fraudulent GST invoices.