GST 2.0 brings big changes for education in India, making school fees and supplies more affordable while keeping coaching and online courses under the 18% GST slab. Parents, students, and institutions ...
The NextGen GST reforms reduce taxes on several items spanning essentials, healthcare, education, electronics, automobiles, ...
Despite the 18% GST on private coaching and tuition, the industry is booming, driven by parental pressure, fast-evolving curricula, peer competition, and changing family patterns. With nearly one in ...
Presently, online courses and training programs are taxed 18%, the reduction of which has been a constant ask of the edtech industry for years. However, the government hasn’t considered any changes so ...
GST 2.0 proposes simpler slabs and lower taxes on essentials, pitched as relief for India’s middle class. Yet revenue risks, ...
This comes after growing concerns of spending on online spending. A major restructure of the tax regime appears to be on the horizon after Prime Minister Narendra Modi hinted at significant changes in ...
A major tax reform is set to come into effect across India from September 22, 2025, as the government introduces GST 2.0, a simplified version of the Goods and Services Tax system. The new structure ...
The Goods and Services Tax (GST) was implemented by the government in July 2017 to replace various existing indirect taxes including excise duty, VAT, purchase tax, and service tax. Under the GST ...
Moody’s, however, pointed out that there will be further mitigation from additional revenue generated from the introduction of the higher 40% tax rate on luxury and discretionary goods, as well as the ...