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Average tax under GST dips from 15.8 % to 11.3 %: Nirmala Sitharaman in Rajya Sabha
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
The Impact Of GST On Health Insurance Premiums: What Indian Consumers Need To Know
GST, an indirect tax on the supply of goods and services in India, is currently applied at 18% on health and life insurance ...
Does GST apply to pre-paid gift vouchers and cards? Know what the rule says
GST exemption also makes vouchers more appealing to consumers, who can redeem them without the worry of extra taxes, ...
DollarsAndSense10h
Singapore’s GST Vs Malaysia’s SST: What’s The Difference Between The Taxes In Both Countries
In many countries, we pay consumption tax when we buy goods and services from businesses, which then remits the taxes to the government. Tax revenue is used by the government to fund essential ...
"Not Even One Such Item": Nirmala Sitharaman On Concern Over GST Rise
Finance Minister Nirmala Sitharaman on Tuesday dispelled concerns over a rise in Goods and Services Tax (GST), saying that ...
Burlington Post1d
Canada’s GST/HST holiday ends Feb. 15. Here’s what to save the tax on before it’s too late
Time is running out to take advantage of Canada’s GST/HST break as the three-month tax holiday winds down this week. The ...
Budget 2025: What is sin tax? Will cigarettes, alcohol get costlier?
The sin tax is the most talked about among consumers. All eyes will be on Union Finance Minister Nirmala Sitharaman as she ...
devdiscourse7d
GST Reform: Steps Towards Fewer, Lower Tax Rates
The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...
Tax Guru8d
Credit Note is not for correction of mistake/error in invoicing under GST
Implications for Recipients: The responsibility of reversing the ITC lies with the recipient. Upon acceptance of a credit note, the supplier’s tax liability decreases, and the recipient’s GSTR 2B is ...