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No news Business Now GST Will Have Two Slabs 5% And 18%, Will Be Applicable From 22 September; Roti Pizza Is GST Free; No Tax On Health life Insurance New Delhi52 minutes ago Copy link The GST Council’s meeting was to be held for two days (3-4 September), which was completed in a day. Now…
Last Updated:September 04, 2025, 00:16 is ‘Sin goods’ or ‘demerit goods’ are items deemed harmful to health or society and are taxed at the highest rate A special 40 percent slab has been proposed for a select few items such as high-end cars, tobacco and cigarettes. (Image for representation) The all-powerful GST Council on Wednesday…
Last Updated:September 03, 2025, 23:45 is The revised rate structure will come into effect on September 22, coinciding with the first day of Navratri Union Finance Minister Nirmala Sitharaman addresses the media regarding the 56th GST Council meeting, in New Delhi, Wednesday. (PTI photo) In a major move to simplify India’s tax regime and bring…
Last Updated:September 03, 2025, 23:31 is The GST Council slashed rates on stationery items like maps, pencils, crayons, and notebooks, making them tax-free. News18 As the GST Council on Wednesday announced major rate cuts, several stationery items were made tax-free. These items include maps and hydrographic or similar charts of all kinds, including atlases, wall…
GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax regime. The GST Council approved rate overhaul by limiting slabs to 5 per…
Last Updated:September 03, 2025, 22:51 is PM Modi said that during his Independence Day speech, he had mentioned the government’s plans to bring “Next-Generation” reforms in the GST Prime Minister Narendra Modi (Image: PTI) Shortly after the GST Council announced new reforms on Wednesday, Prime Minister Narendra Modi hailed the changes, saying they will improve…
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. Till date, As per Indian GST…
New Delhi: The GST Council, in its latest meeting, is considering a major relief for consumers by bringing everyday items like shoes and clothes priced up to Rs 2,500 under the lowest GST slab of 5 per cent, sources told IANS. This move aims to make commonly purchased goods more affordable for people. This change…
Last Updated:September 03, 2025, 17:47 is The GST Council is likely to have approved measures to reduce the registration time for non-risky MSMEs and start-ups from the current 30 days to just three. The GST Council is likely to have cleared the proposal to issue exports refunds within seven days, based on risk analysis. The…
New Delhi: The upcoming changes to the Goods and Services Tax (GST), likely to be announced on Thursday, should trigger a decisive, consumption-led turn in India’s growth cycle, a report said on Wednesday. This adds to earlier stimulus measures like welfare spending and monetary easing, and has secondary benefits like formalisation. According to Emkay Global…