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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…
New Delhi: GST Council Meeting Today: The 56th meeting of the GST Council will kick off on Tuesday. The 2-day meet between September 3-4 is expected to start at 11 am today. The GST Council will decide on the Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent. As…
New Delhi30 minutes ago Copy link Currently GST has 4 slabs- 5%, 12%, 18%, and 28%. Two slabs will be left after the change. The slab of 12% and 18% will be removed. The 56th meeting of Goods and Service Tax i.e. GST Council will start in New Delhi today (September 3, Wednesday). In this…
Last Updated:August 28, 2025, 13:07 is India’s top e-commerce platforms face a festive-season dilemma: launch sales on schedule or wait for GST Council clarity. Amazon (Image: Canva) India’s largest e-commerce platforms are facing an unusual dilemma just weeks ahead of their blockbuster festive sales: stick to the schedule or wait for clarity from the Goods…
New Delhi: The Goods and Services Tax Council is stipulated to meet on September 3. In its meeting the GST Council is likely discuss ending the compensation cess by October 31, says an IANS news report. The GST compensation cess was set to end on March 31, 2026. Discussions, however, have started to conclude the…
Last Updated:August 26, 2025, 20:34 is The GST Council, chaired by Nirmala Sitharaman, ensures uniform taxation in India, balancing Centre and state powers, but faces disputes over tax rates and fiscal autonomy The GST Council ensures uniform taxation across the country. In India, the Goods and Services Tax (GST) is often described as the biggest…
New Delhi22 minutes ago Copy link The central government can implement the new rates of Goods and Service Tax (GST) from 22 September. This information has been given in the report of NDTV Profit. The aim of the government is to demand demand and sales in many sectors in Navratri and festive season. CNBC sources…
New Delhi: The All India Consumer Products Distributors Federation (AICPDF), the apex body representing FMCG distributors, has urged the government to issue clear guidelines on the proposed GST reforms to avoid trade disruptions and pricing confusion. The appeal comes after the Group of Ministers (GoM) approved the Centre’s recommendation for a simplified two-slab GST structure….