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The GST Council meeting has started and tomorrow the results of this meeting will be announced, which is expected that many objects will be cheaper. There has been a great boom before the decision in the stock market regarding this expectation. Today there was a lot of instability in the market in early trade, but…
Mumbai: The Federation of Automobile Dealers Association (FADA) has urged the government for faster implementation of the proposed GST rationalisation reforms. Even as the festive season is approaching, customers are delaying car purchases in expectation of a GST rate cut, and these delays could turn festive sales into a “whitewash” period, NDTV Profit reported, citing…
Jaisalmer: From reducing the GST rate on fortified rice kernel (FRK) to fully exempt GST on gene therapy, the 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, on Saturday made some key recommendations to provide relief to individuals and businesses. The Council recommended exemption of GST on contributions by general insurance companies…
Jaisalmer: No major decisions were made during the 55th meeting of the Goods and Services Tax (GST) Council, on issues such as rate rationalisation and the determination of tax rates on insurance premiums.During the press conference, Union Finance Minister Nirmala Sitharaman shared the key decisions taken by the GST Council and provided clarity on several…
New Delhi: The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman in Rajasthan, has rolled out crucial changes to the taxation framework. According to the report, ready-to-eat popcorn is set to attract varying GST rates based on its preparation and packaging, as decided in the 55th GST Council meeting on Saturday. GST Update…
Last Updated:November 15, 2024, 2:08 PM IST GST Council Meet: Finance Minister Nirmala Sitharaman is slated to meet her state counterparts on December 21 Finance Minister Nirmala Sitharaman, Finance Minister Nirmala Sitharaman is slated to meet her state counterparts on December 21 for the 55th GST Council meeting in Rajasthan’s Jaisalmer. The Council was initially…
GST Cut On Medical Insurance: A Group of Ministers has been tasked to look into GST rates related to medical insurance and come up with a report by October so that the GST Council can take up the matter in the November meeting.”There were a lot of discussions about whether we should reduce the rate…
New Delhi: With an aim to ensure less burden on the taxpayers, the 54th GST Council meeting on Monday is likely to deliberate on a slew of issues, including rate rationalisation, taxation of insurance premiums, online gaming, and more. According to industry sources, the GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is also…