India has reduced GST rates on hotel rooms and buses from September 22. The government expects the move will make travel more affordable, encourage tourism, create jobs, and attract investment. BulletsIn GST on hotel rooms under ₹7,500/day cut from 12% to 5% GST on buses seating over 10 people reduced from 28% to 18% Lower
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India has reduced GST rates on hotel rooms and buses from September 22. The government expects the move will make travel more affordable, encourage tourism, create jobs, and attract investment. BulletsIn GST on hotel rooms under ₹7,500/day cut from 12% to 5% GST on buses seating over 10 people reduced from 28% to 18% Lower
On September 3, 2025, the GST Council approved sweeping reforms to simplify India’s indirect tax structure. Most GST rates were reduced, especially on essential goods, health, education, and farming items. However, some sectors raised concerns over revenue loss and rate hikes on specific items. These changes aim to ease consumer burden and stimulate economic growth.
On September 3, 2025, the GST Council approved sweeping reforms to simplify India’s indirect tax structure. Most GST rates were reduced, especially on essential goods, health, education, and farming items. However, some sectors raised concerns over revenue loss and rate hikes on specific items. These changes aim to ease consumer burden and stimulate economic growth.
The Centre has circulated a blueprint for next-generation GST reforms. It proposes a simplified two-rate structure of 5% and 18%, while introducing a steep 40% slab for sin and luxury goods. The plan aims to simplify compliance, reduce consumer burden, and protect revenues. BulletsIn Current four slabs to merge into 5% and 18% 28% slab
The Centre has circulated a blueprint for next-generation GST reforms. It proposes a simplified two-rate structure of 5% and 18%, while introducing a steep 40% slab for sin and luxury goods. The plan aims to simplify compliance, reduce consumer burden, and protect revenues. BulletsIn Current four slabs to merge into 5% and 18% 28% slab
Prime Minister Narendra Modi announced in his Independence Day speech that GST reforms will reduce the tax burden from this Diwali. The finance ministry detailed plans for a two-slab GST system, replacing the current four slabs. The GST Council is set to discuss it next month. BulletsIn GST rates to shift from 5–28% slabs to
Prime Minister Narendra Modi announced in his Independence Day speech that GST reforms will reduce the tax burden from this Diwali. The finance ministry detailed plans for a two-slab GST system, replacing the current four slabs. The GST Council is set to discuss it next month. BulletsIn GST rates to shift from 5–28% slabs to
At a trade conclave in Srinagar, Commerce Minister Piyush Goyal said India may reduce GST on handicrafts from 12% to 5% to support artisans. He also emphasized continuing apple imports despite growers’ concerns, to ensure affordability for 140 crore consumers. The government aims to boost exports, support cold chains, and balance farmer and consumer interests.
At a trade conclave in Srinagar, Commerce Minister Piyush Goyal said India may reduce GST on handicrafts from 12% to 5% to support artisans. He also emphasized continuing apple imports despite growers’ concerns, to ensure affordability for 140 crore consumers. The government aims to boost exports, support cold chains, and balance farmer and consumer interests.
Seven years into GST’s rollout, a surge in litigation highlights unresolved legal gaps and complex compliance burdens. Most disputes involve denial of Input Tax Credit (ITC), retrospective demands, and taxability interpretations. With GST Tribunals non-functional, cases are landing in High Courts and the Supreme Court. BulletsIn Major rise in GST litigation due to unclear law,
Seven years into GST’s rollout, a surge in litigation highlights unresolved legal gaps and complex compliance burdens. Most disputes involve denial of Input Tax Credit (ITC), retrospective demands, and taxability interpretations. With GST Tribunals non-functional, cases are landing in High Courts and the Supreme Court. BulletsIn Major rise in GST litigation due to unclear law,
The Indian government has dismissed rumors about levying GST on UPI transactions over ₹2,000. In an official release, the Finance Ministry clarified that no such proposal exists and the claim is baseless. UPI remains GST-free as no MDR is charged on such transactions. The government also reaffirmed its commitment to promoting digital payments. BulletsIn No
The Indian government has dismissed rumors about levying GST on UPI transactions over ₹2,000. In an official release, the Finance Ministry clarified that no such proposal exists and the claim is baseless. UPI remains GST-free as no MDR is charged on such transactions. The government also reaffirmed its commitment to promoting digital payments. BulletsIn No
