As of September 3, 2025, the GST Council approved a major reform: the 18% Goods and Services Tax on individual health and life insurance premiums has been completely removed, bringing the GST rate down to nil. This decision is part of the broader GST 2.0 overhaul aimed at simplifying the tax structure and easing the […]
No GST on Health Premiums Read More »
New Delhi, July 23, 2024 – In today’s Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced several significant changes aimed at increasing revenue and streamlining the tax structure. The Long-Term Capital Gains (LTCG) tax rate has been increased from 10% to 12.5% on all financial and non-financial assets, and the exemption limit for LTCG has
Union Budget 2024-25: Significant Tax Changes Announced Read More »
