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New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest. “Whether it is Russian oil or anything else, we will take a call based on what suits our needs in terms of rates, logistics or whatever. Where we…
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…
Finance Minister Nirmala Sitharaman Interview Live: Finance Minister Nirmala Sitharaman will speak to Network18 Group Editor-in-Chief Rahul Joshi on Friday to discuss the landmark reforms approved by the GST Council, along with global trade challenges and India’s financial policies. The GST Council, chaired by Sitharaman, approved major tax cuts on Wednesday that will take effect…
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…
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…
New DelhiA few moments ago Copy link It was decided in the 56th meeting of the GST Council. Finance Minister Nirmala Sitharaman gave this information on 3 September. The prices of tobacco products like cigarette and gutkha are going to increase after the announcement of changes in GST from 3 September tomorrow, while the price…
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,…
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…