Everyone is talking about the budget. But there’s something important outside of it that the government should also think about — GST! GST (Goods and Services Tax) was supposed to make taxes simple.

Former Liberal House leader Karina Gould says if she becomes prime minister, she'll lower the GST by a full percentage point for a year to give tax relief to Canadians who are financially struggling.

As the central government gears up to tout the Union Budget 2025 on February 1, all eyes are on what Union Finance Minister ...

Currently, electric vehicles (EVs) benefit from a reduced GST rate of 5 per cent to promote adoption. However, key components such as lithium-ion batteries are taxed at 18%, creating a financial ...

CNG two-wheelers are a sunrise sector, as a little over 38,000 such vehicles were sold in the country in 2024, per data from ...

The Canada Revenue Agency (CRA) has officially confirmed that Registered Clinical Counsellors (RCCs) in BC are now exempt ...

Liberal leadership hopeful Karina Gould says she would temporarily cut the federal sales tax on goods and services if her bid ...

For her, the three major areas the government needs to focus on are taxation, R&D incentives, and public-private partnerships ...

Sanitaryware players expect the government to focus on rationalising GST rates on sanitaryware products to make them more ...

Footwear industrialists in Bahadurgarh have called for the Goods and Services Tax (GST) rate on footwear to be reduced from ...

The CBIC also clarified that this GST exemption is limited to payment settlement function only, which involves handling of ...

The CBIC confirms that GST is not applicable on penal charges by banks and NBFCs, clarifying the tax implications for ...