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Last Updated:September 05, 2025, 19:15 is FM Nirmala Sitharaman to CNN-News18: “At one point in time, they call it Gabbar Singh Tax, another point in time saying, oh, this is fine, but it should have come earlier.” FM Nirmala Sitharaman spoke about how PM Modi had sought GST reforms eight months ago. (PTI File) Finance…
New Delhi: In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The relevant section of the CGST Act, 2017 will be amended to allow refunds for exports made with payment of tax, regardless of value. This long-awaited…
Last Updated:September 04, 2025, 17:13 is With the new GST reforms, a middle-class family can save around Rs 1,165 monthly, plus extra on big purchases, offering substantial relief ahead of Navratri and Diwali The GST on items related to children’s studies, such as pencils, notebooks, and books, has been eliminated. (Representative/PTI) The GST Council announced…
New Delhi: GST Council Meeting Outcome: The 56th meeting of the GST Council has announced the much anticipated big-bang reforms in GST tax structure. The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent. Chena or paneer, pre-packaged and labelled which was earlier taxed at…
New Delhi: Union Minister of Consumer Affairs, Food and Public Distribution Pralhad Joshi on Thursday launched the retail sale of onions at Rs 24 per kg in Delhi, Mumbai and Ahmedabad through outlets and mobile vans of NCCF, NAFED and Kendriya Bhandar and also through distribution partners of NAFED and NCCF as part of the…
The GST Council, led by Finance Minister Nirmala Sitharaman, has announced major tax cuts on popular electronic items. Starting September 22, the new 5 per cent and 18 per cent GST rates will apply to four key categories—air conditioners, televisions larger than 32 inches (including LED and LCD models), monitors and projectors, and dishwashing machines….
New Delhi: The wide-ranging GST reforms are set to improve the lives of citizens and ensure ease of doing business for all, especially small traders, thus strengthening the economy. The changes in GST rates on services and goods other than cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and beedi will be effective from September…
New Delhi: GST Council Meeting: The 56th meeting of the GST Council that kick off on Tuesday morning has announced the much anticipated big-bang reforms in GST tax structure. The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent. From groceries and fertilisers to footwear,…
No news Business Business News Update; Share Market, Gold Silver All Time High, Petrol Diesel Price Today, Now GST Will Have Two Slabs 5% And 18% New Delhi58 minutes ago Copy link Yesterday’s big news was related to GST. Now only two slabs instead of 4 of GST will be 5% and 18%. This will also…
Last Updated:September 04, 2025, 01:48 is The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, has proposed to slash GST rates on certain vehicles from 28% to 18%. The GST cuts will make automobiles more accessible.(Representative Image) The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising ministers from all states, approved…