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Last Updated:September 04, 2025, 08:34 is GST rate cut on groceries, medicines, restaurant meals, hotel stays and flights could ease monthly budget pressures for Indian households From your kitchen staples to bathroom essentials, the GST Council has slashed rates on a wide range of daily use products. India’s indirect tax system is undergoing its biggest…
The GoM on GST rate rationalisation has decided to exempt GST on premiums paid for health insurance with coverage of Rs 5 lakh for individuals. The GoM proposes to reduce rates on several items and hiking on many, and the overall rejig is expected to yield a revenue surplus of Rs 22,000 crore. The GoM…
Reported By: Mohammad Haris Last Updated: September 09, 2024, 16:20 IST 54th GST Council Meeting LIVE Updates: Even as the 54th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman, is underway, the finance ministry is expected to hold a press conference post 5 pm to announce the decisions. The meeting took place…