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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…

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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   


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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 …

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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   


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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   


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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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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   


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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   


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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   


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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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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…

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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…

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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   


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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 …

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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…

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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   


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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.

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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   


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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…

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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…

PTI