As millions of Canadians feel the pressure of rising costs, the federal government has introduced changes to boost the Goods and Services Tax (GST) credit. Here’s what you need to know.
Explains when GST applies to real estate transactions and when sale of land or buildings falls outside GST. The key takeaway is that GST targets construction services, not immovable property ...
Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...
India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...
Travellers in India may soon breathe a little easier. The Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, approved major changes to tax rates on hotels and air ...
Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...
India's revised GST rates, effective September 22, are set to reshape travel and tourism. Budget hotel stays, with tariffs up to INR 7,500, will now be taxed at 5%, down from 12%. Economy-class air ...
GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...
In a landmark rate rationalisation, the GST Council, chaired by Finance Minister Nirmala Sitharaman, has exempted GST on all individual life and health insurance policies, including reinsurance ...
While prices of cigarettes and other tobacco products, such as Gutkha, are set to rise after the GST reforms announced yesterday, the humble bidi will see a marginal drop in prices. The GST on bidis, ...