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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…
Last Updated:November 12, 2024, 1:27 pm IST The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025. In the 55th GST Council meeting, the much-awaited decision on exemption or lower GST rate on health and life insurance would be taken. Union Finance Minister…
Last Updated:October 29, 2024, 6:32 PM IST In a move targeting high-value properties, the GST Council has recommended a tax hike on luxury housing priced above Rs 15 crore. Currently, housing units priced at up to Rs 45 lakh are categorised as affordable. In a significant development, the Goods and Services Tax (GST) Council’s Group…
New Delhi: The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life insurance products and submit its report by October 30. Bihar Deputy Chief Minister Samrat Choudhary is the convenor of the GoM. The members of the panel include members from Uttar…
New Delhi: The GST Council on Monday reached a broad consensus on reducing taxes on health and life insurance premiums, and a final decision on this would be taken in the November meeting. The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, exempted from GST grants or funds received for R&D…
The Goods and Services Tax (GST) Council is considering a proposal to impose an 18% GST on payment aggregators (PAs) for processing small digital transactions up to Rs 2,000 via debit and credit cards. This proposal is expected to be discussed at the Council’s meeting on September 9, according to a CNBC-TV18 report. As per…
Hindi News Business GST Council To Deliberate On Taxation Of Insurance Premium And Online Gaming New Delhi5 minutes ago copy link The 54th meeting of the GST Council will be held tomorrow i.e. on 9 September (Monday). In this meeting, many issues including GST on insurance premium will be discussed. Many experts are talking about…