NEW DELHI: The GST regime significantly impacts various sectors, including the used car market. Recent decisions by the GST Council on taxing used car resale…
View More GST on used cars: Has India’s FM, GST council missed mark?
The GoM (Group of Ministers) made the decision to exempt term life insurance premiums and health insurance premiums up to Rs 5 lakh in coverage due to the rationalization of GST rates.
View More GoM proposes tax rejig, ₹22,000 crore gain
In the 48th meeting of the GST Council, which was presided over by Union Finance Minister Nirmala Sitharaman, there have been no tax increases on any items.
View More 48th GST Council Meeting: Nod to decriminalize certain offences, no tax increase