The new GST revised rates will come into effect on 22 September 2025. Retailers were asked to display discounts on eligible items as part of the GST new list.
India's indirect tax system is entering a landmark new phase. The GST Reform Bill (popularly called GST 2.0), cleared by the GST Council, will roll out from September 22, 2025, just ahead of the festive season. This marks the biggest overhaul since GST was first introduced in 2017.
If the CRA determines that you are eligible for the GST/HST credit based on your 2024 tax return and that you will receive payments, you will receive a GST/HST credit notice in July 2025. It will show how much you will get and what information was used to calculate the amount.
When and How Will I Be Paid? If you are eligible for the 2025 GST Voucher (GSTV) – Cash and/or GSTV – MediSave and have signed up for a previous Government payout (e.g., 2024 GSTV), you will automatically receive your 2025 GSTV – Cash and/or GSTV – MediSave in August 2025.
What was the decision in 56th GST council meeting? The long-discussed proposal for a two-tier GST structure has now been approved (and implemented starting from 22nd September 2025): 5% GST: Applicable to most essential and everyday goods and services. 18% GST: For higher-value products and services.
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%.
20th August 2025
Due to the incessant rains in various parts of Maharashtra, the government has extended GSTR-3B due date for July 2025 from 20th August to 27th August 2025.
You may log in to the e-services to view your eligibility for 2025 GSTV – Cash and MediSave. Your AI is your total income after deducting allowable expenses and approved donations. It includes employment income, trade income, and other income such as rental income .
You must be aged 20 and below, or 55 and above, in the disbursement year. Lower-income senior Singapore citizens will receive cash payments of $600 to $900 through the AP Seniors' Bonus. The AP Seniors' Bonus will be disbursed over three years, from 2023 to 2025. The last disbursement was made in February 2025.
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.
The GST/HST credit payment period begins in July and ends in June of the following year: January and April payments. Based on your adjusted family net income from your 2024 tax return. July and October payments.
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.
For the July 2025–June 2026 benefit year, the maximum annual GST amounts are: $533 – Single individual. $698 – Married or common-law couples. $184 – Per eligible child under 19.
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.
Free prescriptions and eye tests for over-60s
You can also get free NHS-funded eye tests from the age of 60 (in Scotland, eye tests are free for all ages). You'll be entitled to free NHS dental treatment if you're receiving pension guarantee credit.
About 3 million adult Singaporeans to receive Assurance Package (AP) Cash in December 2025. Adult Singaporeans aged 21 and above in 2026 will receive between $100 – $600 in cash payments from 5 December 2025 onwards under the enhanced Assurance Package (AP).
The current full retirement age is 67 years old for people attaining age 62 in 2026. (The age for Medicare eligibility remains at 65.) Refer to Benefits By Year Of Birth for more information.
GST was introduced in Singapore on 1 April 1994. Since then, GST rates have evolved from 3% in 1994 to 9% in 2025.
The GST Amnesty Scheme under Section 128A grants total waiver of pending interest and penalty amount if the tax dispute amount is paid by an eligible taxpayer on or before March 31, 2025.
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.
Registered taxpayers can now file their GSTR-3B for the month of September 2025 or the quarter of July–September 2025 by October 25, 2025, instead of the earlier due date.
GSTR-3B is a monthly GST return that all registered taxpayers file. It includes details of the previous month's sales and purchases, along with the taxes paid on them and other details.
For GST, the CRA filing and payment deadline is 3 months after your fiscal year end. For GST filed and paid annually, the CRA payment deadline is April 30 and the filing deadline is June 15. For GST filed and paid monthly and quarterly, the CRA filing and payment deadline is one month after the reporting period.
Goods and services tax credit
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.