A key concern is the additional 18% GST burden on the MDR for small merchants. The issue could be taken up by the GST Council ...

The GST Council may address issues on merchant discount rates (MDR) and ITC eligibility for registered merchants.

Government sources said GST will apply to the MDR charged on eligible UPI transactions, but there is no separate GST on UPI ...

Key GST action points for FY 2025-26 covering credit notes, ITC, reconciliations, RCM, Rule 37A and other compliance matters.

The new tax system was launched at a function in Central Hall of Parliament on Friday midnight. The historic GST or goods and services tax has become a reality. The new tax system was launched at a ...

Telangana HC permits GST registration revocation application online or physically if technical issues prevent portal filing.

After the GST rates were changed on Wednesday, to come into effect on September 22, here are some of the major questions being asked, and their answers as shared by officials: Union Finance Minister ...

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 ...

With GST rolling out from July 1, the new tax regime subsumed a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and ...