India has entered a new tax era as the much-awaited GST 2.0 reforms officially came into effect today, September 22, 2025. The move brings a mix of relief and surprises for consumers. While many daily essentials and household goods are now cheaper, the government has slapped a hefty 40% GST slab on a range of […]
India’s Goods and Services Tax (GST) has entered a new phase with the rollout of GST 2.0, effective from 22 September 2025. The reform is designed to simplify the indirect tax structure, rationalize slabs, and reduce the burden on consumers and businesses. A key change lies in the HSN-wise (Harmonised System of Nomenclature) GST rate
India’s GST (Goods & Services Tax) regime is being overhauled. Key reforms from the 56th GST Council meeting include: These changes aim to reduce tax burden on common/necessary goods, simplify compliance, reduce classification issues, make prices more predictable, and hopefully spur consumption. What will become cheaper (from 22 September) Here are specific categories/items that will
The Employees’ Provident Fund Organisation (EPFO) has launched a new feature that makes it easier than ever for members to track their PF details. From checking balance to viewing transfer status, employees will now have quick access to all essential information, including monthly contributions, without the usual hassle. If you are a private sector employee
The Import Export Code, or IEC Code, is a unique 10-digit code. It’s given by the Directorate General of Foreign Trade. It’s needed for all businesses that trade internationally, including imports and exports. The IEC Code is key for businesses wanting to grow globally. Knowing how to get an IEC Code is vital for businesses. It helps them follow the rules.
