Union Finance Minister Nirmala Sitharaman on Wednesday announced that individual life and health insurance policies will be fully exempt from GST, in one of the most significant decisions taken at the ...
Let’s start with the basics. The GST Act prescribes turnover thresholds for mandatory registration. For goods, registration is required once annual turnover exceeds ₹40 lakh, and for services the ...
The Centre has proposed 'next generation' GST (goods and services tax) reforms in registration, refund and return processes as it looks to ease the compliance burden for GST-registered taxpayers. As ...
Getting a GST number can seem intimidating, especially if you're doing it for the first time. But the good news is that the process is straightforward and can be done completely online. Whether you're ...