Union Finance Minister Nirmala Sitharaman on Wednesday announced a major policy shift: individual life and health insurance policies will now be fully exempt from Goods and Services Tax (GST). Also ...

After the GST rates were changed on Wednesday, to come into effect on September 22, here are major questions being asked, and their answered as shared by officials: As per recommendations of the GST ...

This article explains updated GST rates, ITC rules, SAC classifications, and compliance requirements applicable to hotels and hospitality businesses. It also covers restaurant services, banquet halls, ...

According to the guidelines, "restaurant services" within "specified premises" are to be taxed at 18 per cent, with Input Tax ...