GST Council

New-Delhi: After the GST council, which was headed by Finance Minister Nirmala approved a two-tier structure of 5% and 18% taxes, several Indian automakers have started reducing prices following the implementation of GST 2.0.The German…

New Delhi: Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to…

New Delhi: The sweeping changes have been made under the next-generation GST (Goods and Services Tax) rationalisation just days after Prime Minister Narendra Modi announced it from the ramparts of the Red Fort on Independence Day.This…

New Delhi: The landmark next-generation GST reforms that were announced on Wednesday include significant relief to citizens in the healthcare and insurance sectors.One of the biggest announcements is the complete removal of GST on…

New Delhi: The Centre is likely to revamp the GST slabs benefitting the middle class abundantly. Several media reports quoting official sources indicate that the GST rates for the common household items like toothpaste, kitchen utensils,…

Jaisalmer: No major decisions were made during the 55th meeting of the Goods and Services Tax (GST) Council, on issues such as rate rationalization and the determination of tax rates on insurance premiums.During the press conference,…

New Delhi: Betting, gaming related activities, casinos, horse racing and online games will be taxed at 28 percent GST at face value, informed Union Finance Minister Nirmala Sitharaman after the 51st GST Council meeting on Wednesday. ANI…

New Delhi: Meghalaya Chief Minister Conrad Sangma-headed GoM on online gaming, after deliberating on the issue for two days is likely to recommend 28 per cent GST on gross revenue from casinos and online gaming companies, sources said.…

Lucknow: In a slew of decisions, the GST Council on Friday decided to extend the applicability of concessional rates on Covid-19-related medicines but did not include petroleum products in its kitty.Briefing the media after the…

Lucknow: Petrol and diesel will not be brought under the goods and services tax (GST) regime as of now. Decision to this effect was taken during the 45th meeting of the GST Council held under the chairmanship of Union Finance Minister…