GST 2.0 – What has changed in GST ?.. In July 2017 GST was implemented. Now GST 2.0 brings some changes to GST system in September 2025. Considering the current economic situation, the government has changed the GST rate slabs . There are currently 4 slabs of GST (5%,12%,18%,28%) . The GST Council has revised the GST. These amendments will be … Read more
GST in detail – In GST part 1 we saw what GST is and its basics. goods and services tax is an indirect tax levied on the purchase and sale of goods and services . Now let us learn a little more about goods & services tax. which ministry collects it? Finance Ministry of the Central Government … Read more
GST (Goods & Services Tax) – The idea that there should be a single tax system in a country led to the emergence of the GST. Value-added tax (VAT) system was there before goods & services tax. In the VAT system, there were different types of taxes and different rates in different states. The central and state governments … Read more
What is tax? Explanation – tax is a fee (financial charge) that the government collects from you. it is a legal payment taken by the government for the services it provides to us(public/citizens). What facilities does the government provide us for which we pay taxes ? The government can provide many such essential services with tax money. We … Read more