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2 mins read
GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states
Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…
ANI
3 mins read
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
2 mins read
GST rejig: Cheaper water, bikes; pricier shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
1 min read
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
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
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
1 min read
GST to be paid by telecom companies, along with instalments towards spectrum charges: Official
Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a …
PTI
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…
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
54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch
The Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds wit…
ANI
2 mins read
Man gets job offer on WhatsApp, finds himself linked to Rs 250 crore GST E-way bill fraud
A man from Muzaffarnagar fell victim to a job scam via WhatsApp, leading to his personal details be…
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
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
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
2 mins read
Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER
"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…
PTI
2 mins read
India is working on crypto classification under GST law
The government is working on classification of cryptocurrency as goods or services under the GST la…
PTI
1 min read
GST notices worth Rs 1 lakh crore issued to online gaming firms
The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…
1 min read
SC stays K'taka HC decision quashing Rs 21,000 cr GST notice to online gaming platform
The Supreme Court on Wednesday stayed the judgment rendered by the Karnataka High Court which had q…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…