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1 min read

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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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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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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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…

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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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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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2 mins read

SIMPLY PUT: How will the GST council’s tax changes affect family budgets?

GST rates were being revised to rationalise tax on certain goods and services to correct a…

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1 min read

Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos

The central government on Friday will seek the introduction and passage of the Central Goods and Se…

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3 mins read

Online gaming industry says 28% GST makes operations unfeasible

The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…

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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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4 mins read

OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more

With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…

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2 mins read

Food items when sold loose won't attract any GST, says Nirmala Sitharaman

Following uproar in the Parliament over GST on food items, Union Finance Minister Nirmala Sitharama…

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2 mins read

No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi

New Delhi, Dec 21 () States are not in favour of increasing GST rates at a time when there is a con…

PTI   


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2 mins read

Kerala will not levy GST on items sold by cottage industries

Amid growing protest over the imposition of Goods and Services Tax (GST) on essential commodities, …

PTI   


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4 mins read

RBI's MPC meeting could throw up a lot more than just a rate hike, say experts

Further it will also be interesting to see whether there will be unanimity amongst the members…

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2 mins read

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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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