From UPSC perspective, the following things are important : Prelims level: GST on Health Insurance Why in the News? Insurance premiums on health and life policies have increased this year, and the 18% Goods and Services Tax (GST) has made insurance less affordable for many people. Medical...
India being an IT hub, still has not created a robust GST network, there are problems seen in handling large amounts of data when filing returns. Still there are many issues to be solved. For example, if chocolate is considered luxury item, it would attract higher rates, while if it is...