FM: Health and Life Insurance Premiums May Drop if GST Council Cuts Taxes
Finance Minister Nirmala Sitharaman has stated that the cost of health and life insurance may decrease if the GST Council decides to lower the taxes...
Tag : GST Council
55th GST Council Set to Held on 21 December
Finance Minister Nirmala Sitharaman will meet with her state counterparts for the 55th meeting of the GST Council on 21 December. At the meeting, state...
Foreign Airlines Get Relief on Receiving Exempts from GST
The Goods and Services Tax (GST) Council, during its 54th meeting in New Delhi, have taken a decision to exempt the import of services by...
Key Expectations from the 54th GST Council Meeting
The 54th GST Council meeting, headed by Finance Minister Nirmala Sitharaman and featuring state ministers, commenced on Monday. According to PTI sources, the Council is...
GST Council’s Meet on September 9, to Discuss Tax Rate Rationalisation
The GST Council is scheduled to assemble on September 9, 2024, to address important matters, including the potential streamlining of tax rates. The discussion at...
53rd GST Council meeting key takeaways: Major announcements in June 2024
In the 53rd GST Council meeting held on June 22, 2024, notable announcements were made by Finance Minister Nirmala Sitharaman. Sitharaman chaired the meeting, which...
Gameskraft Technology Faces Rs 21K Crore Tax Notice for ‘GST Evasion’
The Director General of Goods and Services Tax Intelligence (DGGI) has given tax notice of Rs 21,000 crore on Bengaluru-based Gameskraft Technology (GTPL) for allegedly...
EVs With or Without Batteries Will be Taxed at 5%, Clarifies Union Finance Ministry
On Monday, Union Finance Ministry clarified that electric vehicles with or without batteries would be taxed at a flat rate of 5%. Back in June,...
Pay GST on Pre-Packed, Labelled Food, Hospital Rooms Above Rs 5K from Monday
With the GST Council decision taking effect from Monday, customers will have to pay 5% GST on pre-packaged, labelled food items, in addition to wards...
GST Council to Discuss Compensation for States, Tax on Online Gaming Today
On June 29, the GST council will discuss state compensation for online gaming and casinos and the Goods and Services Tax (GST). According to a...