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1 min read
GST council meeting today: Tax on health insurance premiums expected to be reduced, says report
The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…
2 mins read
Gadkari asked states to pitch for reducing GST on flex engine vehicles
Union Minister of Road Transport and Highways, Nitin Gadkari, asked states to pitch for reducing GS…
ANI
3 mins read
Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry
The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …
3 mins read
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
2 mins read
Parliamentary panel recommends reduction in GST on insurance products
There is a need to reduce the GST rate on insurance products, especially health and term insurance,…
ANI
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
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
2 mins read
Automobile dealers' association seeks GST cut on 2-wheelers from 28% to 18%
The Federation of Automobile Dealers Associations (FADA), the leading body of automobile retail in …
ANI
1 min read
Hike lays off around 55 people after GST hike on online gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people - m…
PTI
1 min read
Oct 1 deadline for compulsory e-invoice generation nears for firms with ₹10 crore turnover
Central Board of Indirect Taxes and Customs (CBIC) had on August 1 issued a notification regar…
1 min read
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
2 mins read
India lost ₹900 billion due to tax rate cuts under GST, says former Finance Minister Arun Jaitley
Just a few days ahead of the Union Budget, former Finance Minister Arun Jaitley said that the gover…
2 mins read
Financial sector firms pitch for tax break, GST reduction at pre-Budget meeting with FM
New Delhi, Dec 16 () Financial sector players on Monday demanded reduction of GST on term insurance…
PTI
1 min read
Complaints rise against Indian companies that haven’t passed on the benefits of lower GST to consumers: Report
More and more consumers are lodging complaints with India’s National Anti Profiteering Authority …
3 mins read
India's GST revenue falls below ₹1 lakh crore for the first time this year
Though the GST revenues during June 2021 are lower than the over Rs 1 lakh crore collections rec…
3 mins read
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …
PTI
2 mins read
GST revenue collection for July rises by 33% with ₹1,16,393 crore
The gross GST revenue collected in the month of July 2021 was ₹1,16,393 crore.
3 mins read
Budget 2021: Gems and jewellery industry seeks reduction of import duty to 4%
He further urged the government to keep goods falling under HSN-71 (Harmonised System Nomenclat…
PTI
2 mins read
40th GST Council meeting highlights – zero late fee for those who have nil tax liability, says FM Nirmala Sitharaman
Further, Sitharaman said that taxpayers who file their pending returns till July 6, 2020…
3 mins read
GST Council meet: Most states were opposed to change in slabs, hike in GST
New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…