Gst Tax Slabs News
India's GST collections grow 4.6% to ₹1.96 trillion in October despite tax cuts
The Goods and Services Tax (GST) collections witnessed a 4.6% year-on-year (YoY) growth to ₹1.96 trillion in October 2025, despite the tax cuts rolled out by the central government's GST Council in September.
2 min read1 Nov 2025GST rate cuts are here—but price adjustments lag at small retailers
While large companies have passed on GST relief, unorganized retailers have been slower to adjust, with full price pass-through expected by December.
4 min read22 Oct 2025Insurance agents, brokers may get lower commission after GST cuts
Following the GST cut on insurance policies, insurers may reduce commissions for intermediaries to manage increased costs. With competitive pressures and regulatory caps, companies are seeking digital partnerships and expense rationalization to sustain growth while passing benefits to customers.
4 min read30 Sep 2025Redditor claims gym pocketed GST cut by raising base fee in viral post: Is it illegal profiteering? Legal experts answer
Redditor claimed that the moment GST on fitness services dropped from 18% to 5%, his gym raised the base fee so the total stayed the same.
3 min read29 Sep 2025GST rate cut: How much will a common man save from tax reforms?
Check details on how much a common man save from the GST tax reforms implemented by the Central government's GST Council. Here's what a tax expert said…
2 min read22 Sep 2025GST Rate Cut: Will clothes get cheaper or expensive from today after GST 2.0?
Indian taxpayers will see a new GST 2.0 structure with two primary slabs of 5% and 18%. Ultra-luxury items will be taxed at 40%, while tobacco remains at 28%. PM Modi highlighted the reforms as crucial for economic growth and urged support for indigenous products.
3 min read22 Sep 2025GST 2.0: These lifesaving drugs and medicines get cheaper from Monday after rate cuts — Check full list
GST 2.0: A list of lifesaving drugs and medicines will get cheaper from Monday, 22 September 2025, after the rate cuts under the new GST system.
1 min read22 Sep 2025GST reform: These items will have highest tax from Monday — Check full list
GST changes from September 22: Items falling under these categories will attract the newly updated highest tax rate of 40% GST under the new tax structure effective from Monday. Check the list of items here…
3 min read21 Sep 2025Planning to buy a Royal Enfield? Customers can now buy online from Flipkart — Here's what you need to know
People planning to purchase a Royal Enfield motorcycle will soon be able to buy it from the online e-commerce platform Flipkart, as both companies have signed a partnership on Friday, 19 September 2025. Here's what you need to know about the offering…
2 min read19 Sep 2025GST rate cuts: FMCG giant ITC to pass on ‘full benefit’ to customers across portfolio — Details here
ITC, on Thursday, 18 September 2025, announced that the company has decided to pass on the full benefit to its customers across the firm's portfolio range. The new rates will be effective from 22 September 2025.
1 min read18 Sep 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared