The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts. GST exemption on life insurance policies: All individual life insurance policies are now exempt from GST. This includes term insurance plans, endowment policies, and unit-linked insurance plans (ULIPs). Reinsurance of these individual life policies has also been brought under the exemption. The GST 2.0 reforms are set to bring major relief to consumers this festive season, with tax rates on several daily-use and lifestyle products being slashed. Items like sweets, snacks, dairy products, footwear, textiles, and even some cars and electronics have moved to a lower 5% tax slab, making festive purchases more affordable.
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Honda Cars India cuts prices across the lineup post-GST reforms, passing full benefits to customers ahead of the festive season.
JSW MG Motor slashes SUV prices by up to ₹3.04 lakh after GST cut; Astor, Hector, Gloster get cheaper.
Prime Minister Narendra Modi interacted with traders and merchants of Arunachal Pradesh as the rationalized Goods and Services Tax came into effect across the country today.
Prime Minister Narendra Modi on Monday said the next generation GST reforms will boost savings and directly benefit every section of society, as he asserted that it is imperative to walk on the path of self-reliance to achieve the collective goal of
TVS has implemented the price cut for the Apache RTR 310 and the RR 310 as per GST 2.0. Here is a variant-wise list you must check out.
Opinion: GST Cut, Inflation Under Control: Optimism As Festival Season ApproachesBharti Mishra Nath
Friday September 19, 2025Away from politics, floods, rain-related tragedies and the Trump tariffs, there is optimism in the air. With GST rationalized, inflation in control, the upcoming festival season promises good times.
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The CentrePradeep Bhandari
Saturday September 06, 2025By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
Opinion | Observations From A Student of Political Communication - By Derek O'BrienDerek O’Brien
Friday September 05, 2025For a student of political communication, this week has been fodder. The language used to describe GST reforms has been nothing short of grand. "Landmark". "Biggest ever since the 1990s". The Opposition has been advocating for such 'reforms' for eigh
Opinion | GST 2.0: PM Modi's Diwali Gift to Bharat - By Shehzad PoonawallaShehzad Poonawalla
Thursday September 04, 2025Viewing GST 2.0 as a mere well-timed political move would be incorrect. GST 2.0 reflects the Modi government's appetite to stitch good economics with good politics.
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