GST Council defers rollout of 40% tax on tobacco and pan masalaThe Goods and Services Tax Council decided on GST 2.0. The new tax overhaul will be live from September 22, 2025. A simplified two-slab sys...
03 Sep, 2025, 11.01 PM IST
Govt likely to slash GST on insurance premiums to nil, says reportThe government plans to reduce GST on insurance premiums from 18% to 5% or even zero, as part of the upcoming GST 2.0 reforms aimed at simp...
21 Aug, 2025, 05.59 PM IST
Alcohol, cigarette, gaming stocks slide up to 4.5% as govt proposes 40% sin tax under GST 2.0 overhaulThe government is planning GST 2.0. It may include a 40% tax on alcohol, cigarettes, and gaming. Consequently, shares of Godfrey Phillips, ...
18 Aug, 2025, 09.40 AM IST
Insurance stocks surge up to 5% as Govt to consider GST cut on health and term insurance premiumsInsurance company stocks experienced a surge following the anticipation of a significant GST rate cut on health and term insurance, a long-...
18 Aug, 2025, 09.32 AM IST
How Budget 2025 can walk the tightrope of India's 'sins'Sin Tax Budget 2025: India’s plan to become a developed nation by 2047 requires a healthy workforce, but over 1% of GDP is lost to cigarett...
28 Jan, 2025, 02.58 PM IST
Ghosts of Christmas past? GoI’s repeated actions seem bent on violating a basic tenet of taxation: simplicityThe nuances of direct and indirect taxes, their impact on consumers, and the complexity of GST rates are discussed in this article. It argu...
24 Dec, 2024, 10.52 PM IST
GST Council meet: Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cardsThe GST Council is set to discuss several changes, including reducing tax on life and health insurance premiums, food delivery platforms, a...
21 Dec, 2024, 06.03 PM IST
End of GST compensation cess may not be blessing for 'sin taxed'Cigarettes, tobacco products, carbonated drinks, and high-end automobiles in the 28% GST slab might see a rise in taxation as a cess ends i...
03 Oct, 2024, 07.08 PM IST
GST Council Meeting: Sin goods windfall, tax relief talks, and more ahead of budget buzzGST Council Meeting: The upcoming 53rd meeting of GST Council is poised to discuss several key measures that could pave the way for signifi...
22 Jun, 2024, 10.00 AM IST
Tax on TV, fridge, commonly used household items came down post GST: FinMin reportThe GST has five tax slabs of 0, 5, 12, 18 and 28 per cent with daily essential items attracting 'nil' tax rates and some white goods, apar...
18 Dec, 2018, 10.44 PM IST
GST changes: What it means for youBulk of the items are now in 12% or 18% slab. The GST regime might be effectively moving towards a two-rate structure and movement to one d...
22 Jul, 2018, 11.11 PM IST
Now, only 35 goods in highest tax bracket of GSTThere were around 226 goods in the 28 per cent category when Goods and Services Tax (GST) was implemented on July 1, 2017.
22 Jul, 2018, 03.49 PM IST
Hopes of leniency on Sin tax in budget send ITC stock higherAnalysts believe that tax increases this year may not be as steep as they previously were.
31 Jan, 2018, 10.30 AM IST
Dont't club cinema with gambling, lower tax rate: Multiplex Association of IndiaThe association said cinema is a primary form of entertainment for the masses and needs to be supported in the form of a lower rate of tax ...
22 May, 2017, 09.58 PM IST
GST set for July but what's in it for aam aadmi? Here are 6 points19 Apr, 2017, 03.28 PM IST
Government firm on multiple rates and cess on luxury goods under goods and services taxThe proposed tax structure has been criticised for being complicated and one that defeats the purpose of a single neat GST.
26 Oct, 2016, 12.27 AM IST
ITC trading at 35% discount to peers; accumulate stock:Pandey believes that one the GST Bill is passed, cigarette companies will see price stability over the next 2-3 years.
11 Dec, 2015, 12.38 PM IST