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Charting GST 2.0: Paving the way for reform through rate rationalisation and compensation cess rethink, PWC report
As India marks eight years since the launch of the Goods and Services Tax (GST), the focus now shifts to a new chapter—GST 2.0. A recent PWC white paper lays out critical recommendations, highlighting ...
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a ...
New Delhi [India], December 23 (ANI): India's tax reforms under GST 2.0 played a key role in supporting domestic consumption and economic growth in 2025, helping offset the impact of global trade ...
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent. Photograph: Bhawika Chhabra/Reuters The goods and services tax (GST) reforms clearly tilted the ...
New Delhi [India], December 26 (ANI): The government's decision to exempt Goods and Services Tax (GST) on health insurance from 18 per cent to nil has led to a sharp rise in health cover sizes, with ...
Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, even as sweeping tax cuts slowed down growth in revenues from domestic transactions, according to government data ...
The report further said that the new GST amendment has caused a host of issues, including funding challenges, reduced growth, job losses and heightened sectoral uncertainty Out of the 12 companies ...
Central and state GST officials are said to be reviewing the grievances raised by online gaming startups since last year The upcoming GST Council meetings in June or July could see further clarity on ...
The auto component sector is poised for growth due to strong demand recovery and a robust order pipeline post-GST cut.
The impact of GST 2.0 on consumer spending has proved to be short-lived, with card spends moderating after the festive season, even as new card issuance remained healthy, according to a report by Asit ...
Insurance analysts reason that individual life and health insurance premiums are exempt from paying GST, so insurers cannot claim any ITC on policy premiums, since no GST was paid.
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