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      • GST
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      GST

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      Goods and Services Tax (GST) is a comprehensive, multi-stage tax levied on the supply of goods and services in India. Introduced on 1st July 2017, GST replaced various indirect taxes like VAT, service tax, and excise duty, creating a unified tax system. It is divided into Central GST (CGST) and State GST (SGST) or Integrated GST (IGST), depending on whether the transaction is within or between states.

      GST operates under four tax slabs: 5%, 12%, 18%, and 28%. GST aims to simplify the tax structure, eliminate the cascading effect of taxes, boost compliance, and promote ease of doing business in India. Additionally, GST facilitates transparency in the tax system through a digitized platform.

      Did You Know An Unregistered Restaurant Cannot Charge You GST On Your Bill?
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      Did You Know An Unregistered Restaurant Cannot Charge You GST On Your Bill?  

      - By BOOM FACT Check Team   |   22 Aug 2017 7:18 PM IST

      WATCH: Is The Indian Economy In Doldrums & What Can Be Done?
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      WATCH: Is The Indian Economy In Doldrums & What Can Be Done?  

      - By Govindraj Ethiraj   |   27 Sept 2017 11:30 PM IST

      Sinha Vs Sinha: Debate Rages On Economic Slowdown | Watch Video
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      Sinha Vs Sinha: Debate Rages On Economic Slowdown | Watch Video  

      - By A Staff Writer   |   28 Sept 2017 7:51 PM IST

      Real Vs Reel: FactChecking Mersals Claims On GST, Demonetisation
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      Real Vs Reel: FactChecking Mersal's Claims On GST, Demonetisation  

      - By Sneha   |   25 Oct 2017 7:37 PM IST

      A Video Of Paid Supporters To Attend Rahul Gandhis Rally And Other News You Almost Believed
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      A Video Of Paid Supporters To Attend Rahul Gandhi's Rally And Other News You Almost Believed  

      - By A Staff Writer   |   28 Oct 2017 8:43 AM IST

      Mixed Bag For India: High GDP, Says IMF But Not Inclusive, Says WEF
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      Mixed Bag For India: High GDP, Says IMF But Not Inclusive, Says WEF  

      - By Sneha   |   23 Jan 2018 1:06 AM IST

      Union Budget 2018: All You Need To Know Ahead Of February 1
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      Union Budget 2018: All You Need To Know Ahead Of February 1  

      - By Sneha   |   28 Jan 2018 9:00 AM IST

      6% GST On Sunday Church Offerings? Did UP Govt Pass A New Law?
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      6% GST On Sunday Church Offerings? Did UP Govt Pass A New Law?  

      - By Sneha   |   8 Jun 2018 6:30 PM IST

      Fake News Targets Pranab Mukherjee & Other News You Almost Believed
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      Fake News Targets Pranab Mukherjee & Other News You Almost Believed  

      - By A Staff Writer   |   9 Jun 2018 11:15 AM IST

      Have UPA-Era Oil Bonds Prevented Modi Govt From Reducing Oil Prices?
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      Have UPA-Era Oil Bonds Prevented Modi Govt From Reducing Oil Prices?  

      - By Sneha   |   15 Sept 2018 11:58 AM IST

      All About Interim Budgets In An Election Year And Its Implementation
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      All About Interim Budgets In An Election Year And Its Implementation  

      - By Mohammed Kudrati   |   5 Feb 2019 7:10 PM IST

      Are LPG Prices High Due To 55% State Taxes? Viral Message Is False
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      Are LPG Prices High Due To 55% State Taxes? Viral Message Is False  

      - By Mohammed Kudrati   |   26 July 2021 8:00 AM IST

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