The Goods and Services Tax (GST) Council may settle for a reduction in the tax rates on health & life insurance, instead of a full waiver. The GST, which now applies at 18% on gross premiums ...

as well as reducing the GST rate to 5 percent on health insurance policies with a coverage of up to Rs 5 lakh. The demand for a GST reduction on insurance has been a longstanding one, particularly ...

Where federal tax brackets and rates will land next year depends whether Congress extends the 2017 tax cuts for individuals that expire at year-end. That law kept the former seven brackets ...

0:38 Feds eliminating GST on new, ‘substantially renovated’ homes under $1M: Carney Prime Minister Mark Carney says his government will scrap the GST for first-time homebuyers who purchase a ...

One of the key principles of mortgage rate movement has to do with the frequency of mortgage rate changes. Specifically, mortgage lenders prefer to update rates once per day. This is notable ...

Australian exporters would face an effective tariff rate of 8 per cent. Excluding the GST, government sources and analysts estimate any threatened reciprocal trade restrictions for non-tariff ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation.

Turkey’s central bank raised one of its key interest rates in a surprise meeting on Thursday, the latest move by authorities to reverse a decline in the lira. The monetary authority hiked the ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is ...

Al Drago/Bloomberg via Getty Images The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025 and another two in 2026, though expectations varied among ...

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the ...

The Federal Reserve held interbank lending rates steady on Wednesday at a range of 4.25 to 4.5 percent despite some signs that the economy may be heading for a slowdown. The decision to keep rates ...