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GST on Insurance Premiums Scrapped: How the 56th GST Council Meeting Impacts Your Finances The Goods and Services Tax (GST) regime, since its inception, has been one of the most transformative indirect tax reforms in India’s history, reshaping the financial obligations of numerous sectors. The insurance and banking industries, being central to the economic fabric…
Your Money, New Rules: 7 Major Financial Changes in India from November 2025 You Can’t Ignore The Indian financial landscape is in a constant state of evolution, and staying updated is not just a matter of good practice—it’s essential for your financial well-being. As of November 1, 2025, a series of significant changes have come…
Introduction: Why GST Reforms India Matters Right Now India’s Goods and Services Tax (GST) has entered an exciting new chapter in 2025 with the government’s launch of GST 2.0—a sweeping reform aimed at boosting ease of business, lowering the tax burden on daily essentials, and giving a much-needed push to consumption-led growth. As the revised…
Understanding the New GST Rates (Sept 2025): What’s Cheaper, What’s Dearer? In a significant overhaul of the nation’s indirect tax system, the much-anticipated “GST 2.0” reforms have come into effect starting September 22, 2025. This new chapter in India’s Goods and Services Tax (GST) journey aims to simplify the tax structure, reduce the burden on…
GST on Insurance slashed to 0% on Life and Health Insurance—A Game-Changer for Indian Families in 2025 2025 has been a year of financial transformation for India’s booming insurance sector. The latest reforms rolled out by the GST Council have eliminated GST on all retail life and health insurance policies effective September 22, 2025. For…
GST 2.0 Reforms Explained: New 5% & 18% Tax Slabs Effective Sept 22 In a landmark decision poised to reshape India’s consumption landscape, the GST Council has officially rolled out “GST 2.0,” a sweeping overhaul of the Goods and Services Tax regime. Effective September 22, 2025, these reforms, announced after the 56th GST Council meeting,…
Game-Changer for Taxpayers: South Indian Bank Launches UPI GST Payment Facility! In a landmark move towards frictionless digital governance, South Indian Bank (SIB) has pioneered a facility that empowers Indian taxpayers to pay Goods and Services Tax (GST) using the Unified Payments Interface (UPI). Announced in mid-September 2025, this new approach allows millions of businesses…
GST 2.0 is Here: How the New GST Rates 2025 of 5%, 18%, and 40% Tax Slabs Will Affect Your Wallet from Sept 22 In one of the most significant overhauls to India’s tax system since its initial rollout, the 56th GST Council meeting in September 2025 ushered in what is being hailed as “GST…
GST 2025 reform overhaul: India’s Big Tax Reform Brings Festive Cheer and Simpler Compliance As India gears up for the festive season, small businesses, manufacturers, and online shoppers are buzzing about the major Goods and Services Tax (GST) reforms rolling out on September 22, 2025. The GST Council’s headline announcement from its 56th meeting promises…
GST on UPI Transactions : The Rumor That Won’t Die In the age of digital India, the Unified Payments Interface (UPI) has become as essential as cash once was. From paying for our morning tea to settling large business invoices, its convenience is undeniable. However, with its rising popularity, a persistent rumor has been making…