The gross Goods and Services Tax collections for December 2025 were at Rs 1.75 lakh crore, marking a 6.1 per cent increase from the previous year. The April-December period of 2025-26 saw massive ...

India's GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India's net GST revenue, after accounting for refunds, rose 2.2% ...

GST compensation cess proceeds—which was levied only on tobacco in December – fetched ₹4,536 crore, down from ₹11,471 crore the previous December, when the levy covered all items on the 28% ...

In 2025, the GST Council implemented substantial tax cuts on construction materials: cement was reduced from 28% to 18%, bricks, tiles, and sand from 18% to 5%, paints and varnishes from 28% to 18%, ...

The Ministry of Finance on Thursday (January 1, 2026) issued a series of notifications that would bring into effect the new taxation regime for tobacco products from February 1, 2026. First of all, it ...

The first of several rebates from the federal government is set to go out to qualifying Canadians in just a few days, which means some will be getting a bit extra in their wallets to start the new ...

Restaurants, hoteliers, FMCG players and supply-chain operators weigh in as the GST Council considers a uniform tax for food When the GST Council floated the idea of moving all food items under a ...

The GST/HST credit is a series of payments available to low- and modest-income Canadians. You're automatically considered for the GST/HST credit when you file your taxes. Many or all of the products ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...