The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

GST exemption on life insurance premiums: At present, a high GST rate of around 18% on life and health insurance premiums makes plans too costly, which leads to many people potentially forgoing proper ...

The Goods and Services Tax (GST) has streamlined India’s indirect tax regime by creating a unified structure for various goods and services. Labour charges, a significant component in many industries, ...

Goods and Services Tax (GST) is a comprehensive indirect tax with four slabs—5%, 12%, 18%, and 28%—that applies to the supply of goods and services in India. Under GST, goods include movable ...

The Ministry of Finance has issued a notification relevant for Goods and Service Tax (GST) registered taxpayers who failed to file the annual reconciliation statement through the GSTR-9C form. As per ...

The GST reporting of HSN codes in Table 12 of GSTR-1/1A is being updated as per phased implementation. Under Phase 3, effective February 2025, taxpayers with an Aggregate Annual Turnover (AATO) of up ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later Form used to show that a non-profit organization meets the government-funding test required to qualify ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...

Individuals need to provide proof of birth for their children when applying for the GST/HST credit and the Canada Carbon Rebate or the Canada child benefit for the first time. To find out more, go to ...