Provisional refunds for inverted duty structures and removal of refund thresholds for exports improve working capital. The amendments strengthen liquidity and support small and mid-sized ...

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

GST 2.0 tax changes come into force from September 22, 2025, bringing a big reshuffle of tax rates across goods and services. The new framework brings in two primary tax rates of 5% and 18%, while ...

The Goods and Services Tax (GST) exemption of lifesaving cancer drugs and higher taxation on tobacco products are the steps aimed at strengthening public health in the country, according to a new stud ...

The Goods and Services Tax (GST) Council announced sweeping reforms on Wednesday. From September 22, GST will be simplified to just two main tax slabs—5% and 18%. A higher 40% slab will apply only to ...