Recently, the central government took a major decision to simplify the tax system. Under this, the five GST slabs (0%, 5%, 12 ...

Presently, online courses and training programs are taxed 18%, the reduction of which has been a constant ask of the edtech industry for years. However, the government hasn’t considered any changes so ...

Despite the 18% GST on private coaching and tuition, the industry is booming, driven by parental pressure, fast-evolving curricula, peer competition, and changing family patterns. With nearly one in ...

GST 2.0 proposes simpler slabs and lower taxes on essentials, pitched as relief for India’s middle class. Yet revenue risks, weak pass-through, and state losses suggest the gains may be modest while ...

This comes after growing concerns of spending on online spending. A major restructure of the tax regime appears to be on the horizon after Prime Minister Narendra Modi hinted at significant changes in ...

The Fitment Committee reviews current rates and suggests updates, which the GST Council approves. The CBIC then issues official notifications with the effective dates. Unless said otherwise, new rates ...