Currently, all types of health and life insurance policies are subject to an 18 per cent GST. Before the implementation of GST in 2017, insurance premiums garnered a 15 per cent service tax, which ...

The Goods and Services Tax (GST), introduced in India in 2017, revolutionised the tax structure by merging multiple indirect taxes into a single tax regime. The new tax rate was levied on the vast ...

New Delhi, July 11: Clearing air around the reports of GST being applied to free food items and Prasadam, the finance ministry today said that Prasadam that has been supplied by temples, mosques, ...

The government's interpretation of Rule 31A of the CGST Rules, which stipulates that GST at 28 per cent shall be applied to ...