The exemption is the gift and estate tax lifetime exemption. The GST Tax Exemption GSTs still serve as tools for high-net-worth individuals to transfer wealth at a lower tax rate even with the ...

The 55th GST Council meeting, chaired by Finance Minister Sitharaman, on Saturday decided to impose different tax rates on salted, pre-packaged, and caramelised popcorn. However, this decision was ...

Ministers will make an effort to suggest a formula that cuts the burden ... laws that ensured businesses passed on tax benefits to consumers when GST rates were reduced. These laws allowed ...

GST compensation cess is a specific tax established within the framework of the Goods and Services Tax (GST) system in India. This tax is levied on select goods to assist states in recouping any ...

However, it is likely to suggest a revised formula for calculating the amount on which the Goods and Services Tax (GST) would be levied. Currently, online gaming attracts 18 per cent GST.