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News business tax GST Average Rate Falls To 10.84% After September Rate Rationalisation Last Updated:October 08, 2026, 9:58 PM IST The average GST rate has fallen to 10.84% from 11.4% in 2023 after the GST Council rationalised tax slabs last September, while GST collections grew 11.6% in H1 FY27. GST rate rationalisation brings average rate…
Hindi News Business GST Council Meeting | Tax Officers Arrest Power Reform & Business Relief New Delhi38 minutes ago copy link The GST Council may approve major reforms in the country’s indirect tax system in its meeting to be held on October 7. Under the new proposal, there is a preparation to withdraw the power…
News business tax GST Council Meeting Rescheduled To October 7 Due To BRICS Summit Last Updated:September 07, 2026, 3:13 PM IST The GST Council meeting will be preceded by a meeting of government officials on October 5 and 6. The GST council, chaired by Union Finance Minister Nirmala Sitharaman and comprising finance ministers from the…
In the budget, the prices of goods fluctuate slightly due to increase or decrease in import duty. Let us understand what became cheaper and what became expensive from this budget… 1. Cancer medicines became cheaper: Custom duty abolished on 17 life saving drugs. The government has removed the basic custom duty on 17 medicines used…
Last Updated:September 21, 2025, 09:09 is GST 2.0 Effective Date: GST reforms led by Nirmala Sitharaman start September 22, merging slabs to 5 percent, 18 percent, and 40 percent for sin goods. New rates of GST 2.0 will become effective from tomorrow, September 21. GST Reforms 2025 List: Goods and Services Tax (GST) reforms are…
Last Updated:September 18, 2025, 13:49 is GST Council led by Nirmala Sitharaman unveils GST 2.0 with three-rate structure, and major rate cuts. Here are the latest FAQs on GST 2.0 notifications. GST 2.0 FAQs. The new GST changes are going to be effective September 22, 2025. The GST Council, led by Finance Minister Nirmala Sitharaman,…
Last Updated:September 14, 2025, 16:04 is Nirmala Sitharaman announces major GST reforms in Chennai, reducing most goods to 5 percent slab from September 22, aiming to boost consumption and ease living for Rising Bharat. The GST rationalisation will boost consumption in the country and push investments, says Finance Minister Nirmala Sitharaman. Finance Minister Nirmala Sitharaman…
Last Updated:September 07, 2025, 17:11 is PM Modi attended BJP’s workshop at GMC Balayogi Auditorium, sitting in the last row. joined fellow BJP parliamentarians, opting to sit in the last row like a regular member during the workshop. (X) Prime Minister Narendra Modi on Sunday attended Bharatiya Janata Party (BJP)’s workshop at the GMC Balayogi…
Last Updated:September 07, 2025, 12:01 is Ashwini Vaishnaw said GST reforms began 1.5 years ago under PM Modi, unrelated to US tariffs. Union Minister Ashwini Vaishnaw. (File) Union Minister Ashwini Vaishnaw said that the recently announced Goods and Services Tax (GST) reforms has nothing to do with any external factors as the works for them…
New Delhi27 minutes ago Copy link The GST Council has cut tax on household goods. In the meeting held on September 3, it was decided to remove the old rates of 12% and 28% of GST and two new rates of 5% and 18%. These rates will be applicable from September 22. Finance Minister Sitharaman…