For the July 2025 to June 2026 period in Canada, the maximum annual GST/HST credit payments are approximately $533 for single individuals, $698 for married/common-law partners, and $184 per child under 19, based on 2024 tax returns. Payments are sent quarterly (July, October, January, April) if the amount is over $50 per quarter.
In August 2025, over 1.5 million eligible adult Singaporeans will receive up to $850 in cash as part of GSTV – Cash, depending on their AI for the Year of Assessment (YA) 2024 and the Annual Value (AV) of their home.
For the 2024 base year (payment period from July 2025 to June 2026), you could get up to: $533 if you are single. $698 if you are married or have a common-law partner. $184 for each child under 19 years of age.
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an invoice and receive payments for your supply on or after 1 Jan 2024, you must account for GST at 9%.
Starting September 22, 2025, GST in India will be simplified to primarily two rates: 5% and 18%, with a special 40% rate on luxury and sin goods like tobacco and high-end vehicles.
GST consolidates from four to two rates: standard 18% and 5% reduced; new 40% levy. India's Goods and Services Tax Council has implemented the simplification of GST rates from 22 September 2025.
Total Net GST revenue for October 2025 stands at ₹1,69,002 crore, which is 0.6% higher(monthly growth) and 7.1% higher (yearly growth) than the corresponding period last year at ₹1,68,054 crore.
The GST reforms in India are have been rolled out since 22nd September 2025 through central tax notifications, as stated by Prime Minister Narendra Modi. The Centre's GST reform now have a simplified two-slab structure of 5% and 18%, and a special 40% slab for sin and luxury goods.
New GST Rate of 9% in 2024
Come 1 Jan 2024, the GST rate will be raised from 8% to 9%, as part of the two-step GST rate change announced by the Minister for Finance in Budget 2022. The first step from 7% to 8% had taken place earlier on 1 Jan 2023.
Canada will implement a faster GST rebate payment system starting January 5, 2026. Eligible individuals and families can receive up to $680 more quickly, reducing previous delays. The new system streamlines income verification and tax processing to speed up payments. and modest-income Canadians.
When to expect your refund. You can claim a refund if your net tax (line 109 of your GST/HST return) is a negative amount. We normally issue refunds within 4 weeks of receiving your return.
Maximum Refund Amount = {(Turnover of inverted rated supply of goods and services) x Net ITC Adjusted Total Turnover} - 12[{tax payable on such inverted rated supply of goods and services x (Net ITC ÷ ITC availed on inputs and input services)}].
As announced in Budget 2025, all Singaporean households will receive an additional $800 in CDC Vouchers to help with daily expenses. The vouchers are distributed in two tranches — $500 in May 2025 and $300 in January 2026.
2022, Works contract services provided to Central and State Government, or Local Authorities, which were earlier eligible for concessional rate of 12% GST,would attract GST at the rate of 18% in view of amendment carried out in notification No. 11/2017- Central Tax (Rate) vide notification No.
According to the federal government, the maximum annual amount an individual may receive from July 2025 to June 2026 is $533, while a married or common-law couple could see up to $698 combined. The payment amounts are recalculated every July based on how much a family or individual earned in the previous tax year.
Everyday essentials like dairy (milk, paneer, ghee), footwear, furniture, stationery and even salon services now cost 6–12% less, easing household budgets. Insurance is now GST-free (18% saved on premiums); to directly lift household purchasing power.
Goods and services tax (GST) is a tax of 10% on most goods, services and other items sold or consumed in Australia. If your business is registered for GST, you have to collect this extra money (one-eleventh of the sale price) from your customers.
India's GST regime is undergoing a landmark transformation with the 56th GST Council meeting unveiling GST 2.0 - next-generation reforms simplifying tax slabs to 5%, 18%, and 40%. Effective from September 22, 2025, these reforms aim to ease compliance, boost consumption, and fuel economic growth.
As of 2025, the GST rate in Singapore is 9% for all taxable goods and services (except for nil-rated). With the GST rate change, as laid out by the Inland Revenue Authority of Singapore (IRAS), it has become even more important to be at par with the recent amendments.
What are the new GST rate slabs for 2025 in India? The slabs under the 2025 Next-Gen GST Reforms are 0% (exemption), 5% and 18%. A new 40% GST slab has been introduced for luxury goods like premium cars and bikes, and sin goods like cigarettes and tobacco.
How much will I receive in October 2025? It depends on your 2024 adjusted family net income, marital status, and number of children. Maximum amounts are $533 (singles), $698 (couples), and $184 per child.
0.7% growth in GST Collections for November 2025 on the sidelines of an 8% GDP growth tailwind. Indias Gross GST collections for the month of November stood at Rs 1,70,276 crore, up 0.7% year on year. GST collection was over Rs 1.69 lakh crore in November 2024.
Altogether, households will receive $800 in CDC Vouchers in Financial Year 2025 – $500 in May and another $300 in January 2026. This was announced in February by Prime Minister and Minister for Finance Lawrence Wong at Budget 2025, as part of the enhancements to the Assurance Package.
How to claim and spend your CDC Vouchers 2026 (January)