Category: Industry Specific GST

Explore GST insights and updates tailored to specific industries. Learn how Goods and Services Tax impacts your sector, with detailed information on compliance, rates, and best practices.

 

gst on medical insurance

Zero GST on Health Insurance: How to Save 18% on Your Premiums Today

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on Zero GST on Health Insurance: How to Save 18% on Your Premiums Today

The financial landscape for Indian health insurance policyholders has undergone a major positive transformation! Understanding the current rules about GST on Medical Insurance is crucial, as a significant tax burden has recently been lifted for millions of individuals and families. If you are wondering about the current GST rate on health insurance premiums, here is […]

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New Car Prices After GST Cut

New Car Prices After GST Cut – How Much Cheaper Cars and Bikes Will Be

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on New Car Prices After GST Cut – How Much Cheaper Cars and Bikes Will Be

The GST Council Meeting 2025 has brought good news for automobile buyers. With the reduction in GST rates, new car prices after GST cut will now be more affordable for the common man. The GST on small cars and motorcycles with engine capacity up to 350cc, as well as buses, trucks, and ambulances, has been […]

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How GST is Transforming the Supply Chain Landscape

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on How GST is Transforming the Supply Chain Landscape

The Goods and Services Tax (GST), implemented in India in 2017, revolutionized the way businesses operate and manage their supply chains. GST replaced a maze of state and central taxes with a unified tax system, streamlining the entire process and increasing efficiency. However, its introduction brought about significant changes that affected various aspects of the […]

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upi and gst net

How UPI Payments Are Bringing Small Vendors Under the GST Net

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on How UPI Payments Are Bringing Small Vendors Under the GST Net

In recent developments, the Goods and Services Tax (GST) department in India has started monitoring small vendors, including street food sellers like pani puri vendors, who make annual transactions exceeding ₹40 lakhs. This tracking is primarily facilitated through digital payment platforms like UPI (Unified Payments Interface). When vendors cross the specified transaction limit, the department […]

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