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9 important changes and key takeaways from the 53rd GST Council meeting

A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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2 mins read

Three-tier GST rate structure could be announced as soon as next financial year, says report

The idea is, sources said, to move away from the present broad five rate structure of zero, …

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1 min read

Govt. to increase GST on mobile phones by 6% from April 1

New Delhi, Mar 14 () The GST Council on Saturday decided to increase GST rates on mobile phones to …

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1 min read

Honor India to absorb GST rate hike on smartphones

"Offering support and taking measures to deliver a seamless experience, we at Honor will not hike …

PTI   


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Parliamentary panel suggests lower GST rate for auto sector

The committee noted that some of the factors that contributed to slowdown are non-availability of …

PTI   


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2 mins read

Assocham for cut in GST rates by 25 pc across board

New Delhi, Jan 15 () Industry chamber Assocham on Wednesday urged the government to reduce GST rate…

PTI   


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NITI Aayog member thinks that India should have only two GST slabs

Government think-tank Niti Aayog member Ramesh Chand on Wednesday made a case for only two slabs un…

PTI   


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Brands slow in passing GST rate reduction benefits to consumers: Report

The Goods and Service Tax (GST) was introduced with the purpose of simplifying the tax structure i…

PTI   


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2 mins read

ATM industry seeks lower GST rate, stimulus to address COVID-19 challenges

Seeking for an urgent intervention by the finance ministry, CATMi said measures such as bringing do…

PTI   


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SIAM seeks incentive based scrappage policy, GST rate cut on automobiles

New Delhi, Jan 27 () Auto industry body SIAM on Monday urged the government to announce an incentiv…

PTI   


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Lower GST rate on aircraft MRO to boost local business, say service operators

Finance Minister Nirmala Sitharaman on Saturday said the GST Council has decided to reduce the GST…

PTI