GST Council Meeting Highlights: Key Recommendations To Provide Relief To Individuals And Businesses
GST Council Meeting Highlights: The Council recommended reduction of payment of pre-deposit for filing an appeal before the Appellate Authority in respect of an order passed which involves only penalty amount.
Dec 22, 2024, 10:51 AM ISTGST Council Postpones Major Decisions, Key Issues Left For Further Deliberation
The GST Council also discussed the imposition of GST on quick commerce services, e-commerce, and food delivery platforms, but no decision was reached.
Dec 22, 2024, 08:29 AM ISTGST Council Meet Clarifies Tax On Popcorn; Tax Hiked On Used Car Sales Including EV- Details Here
According to the report, ready-to-eat popcorn is set to attract varying GST rates based on its preparation and packaging, as decided in the 55th GST Council meeting on Saturday.
Dec 21, 2024, 18:42 PM ISTMedical Insurance To Be Exempted Under GST? FM Nirmala Sitharaman Says THIS
Both life insurance and medical insurance premiums attract a GST rate of 18 per cent. Recently, many leaders from opposition-ruled states have requested Finance Minister Sitharaman to reduce GST on medical insurance and premiums.
Sep 09, 2024, 20:48 PM ISTGST Council meet: Taxation On Insurance Premium, Rate Rationalisation Key Hopes
The meeting is going to deliberate upon whether to reduce the tax burden on health insurance from the current 18 per cent or exempt certain categories of individuals, like senior citizens.
Sep 08, 2024, 21:04 PM ISTNo GST on funeral, cremation, burial, or mortuary services: FM Nirmala Sitharaman clarifies in Lok Sabha
Finance Minister Nirmala Sitharaman on Monday told the Lok Sabha that there is no GST on funeral, cremation, burial, or mortuary services. The opposition has alleged that the price hike has led to the people's anger.
Aug 02, 2022, 09:43 AM ISTBank, hospital, hotel services to be costlier from today, July 18 --Here is why
In a bid to boost the government’s revenue, the council has decided to impose higher Goods and Services Tax (GST) on a host of household items and other services.
Jul 18, 2022, 09:08 AM ISTPay more GST on THESE important items, services from today: Complete list of things that are becoming more expensive from July 18
From today, July 18, the prices of several essential commodities and services are going to increase as the decision was taken at the 47th GST meeting chaired by FM Nirmala Sitharaman.
Jul 18, 2022, 08:15 AM ISTCommon man to pay more GST from Monday: Complete list of items that are becoming more expensive from July 18
From July 18, the prices of several essential commodities and services are going to increase as the decision was taken at the 47th GST meeting chaired by FM Nirmala Sitharaman.
Jul 15, 2022, 09:45 AM ISTDrinking Milk will be expensive from NEXT week, BIG setback for 'COMMON MAN' after Nirmala Sitharaman announces THIS
From July 18, the prices of several essential commodities are going to increase. From now on, you will have to pay more for daily food items. The decision was taken at the 47th GST meeting chaired by FM Nirmala Sitharaman said. She said that GST rates will increase on some new products and some goods and services from July 18, 2022.
Jul 13, 2022, 08:32 AM IST47th GST Council meet: Curd, paneer, hotels, bank facilities to get expensive -- Check full list
The 47th meeting of the GST Council has approved imposing GST on new items and increasing the tax on a few items.
Jun 29, 2022, 18:09 PM ISTGST Council meet: All eyes on states' compensation, 28% tax on online gaming, casinos, horse racing
The contentious issues of extension of the GST compensation mechanism for states slated for discussion at the second day of the GST Council meeting here. On the first day, the 47th GST Council decided to tweak tax rates of some goods and services.
Jun 29, 2022, 13:42 PM IST47th GST Council meeting underway: States' compensation, easier e-commerce suppliers' registration, tax tweaks on cards
Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will also clear levying the highest tax of 28 per cent on online games, casinos and horse racing, besides, measures to curb tax evasion, especially devising ways to tackle high-risk taxpayers in GST.
Jun 28, 2022, 14:05 PM ISTGST Council Meet: Rate Changes on some items, states compensation top agenda
The 47th meeting of the GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and UTs, is scheduled for June 28-29. The Council is meeting after a gap of six months.
Jun 27, 2022, 09:45 AM ISTBig relief for textile sector, GST Council defers hike in GST on textiles from 5% to 12%
The revision of rates in the textiles sector which was supposed to come into effect from January 1, 2022.
Dec 31, 2021, 13:23 PM IST46th GST Council meet chaired by FM Nirmala Sitharaman on December 31: Key points that will be discussed today
GST, which subsumed indirect taxes like excise duty, service tax and VAT, was rolled out on July 1, 2017 and the compensation window ends on June 2022.
Dec 31, 2021, 09:16 AM IST46th GST Council meet on Dec 31: Members to discuss rate rationalisation, textile hike
The 46th GST Council meeting will be chaired by Finance Minister Nirmala Sitharaman on Friday, December 31, in Delhi.
Dec 29, 2021, 20:34 PM ISTGST Council Meeting: COVID-medicines GST-free till 31st December, petrol-diesel not in GST
Many important decisions were taken in the meeting of the GST Council held in Delhi on Friday. After the meeting, the government announced to make many costly life-saving medicines GST free. At the same time, there was no consensus in the meeting on the issue of making petrol and diesel GST-free. Union Finance Minister Nirmala Sitharaman held a press conference after the GST Council meeting.
Sep 17, 2021, 21:26 PM ISTGST Council meet: No consensus yet on compensation dues, says FM Nirmala Sitharaman; 12 states accept Centre's solution
Finance Minister Nirmala Sitharaman, who heads the Council, said the government is seeking time to consider demands of 9 other states. Sitharaman said that among members there was a question on whether the GST Council can order that either the Centre borrow or states borrow.
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