GST Council
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Business
GST council likely to address inverted duty structure in notebooks
The GST Council is likely to address the inverted duty structure on notebooks and textbooks in its upcoming meeting, as…
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Business
All you need to know about the new tax rates in GST 2.0 era
The Finance Ministry on Tuesday issued a list of frequently asked questions (FAQs) to provide a more detailed explanation on…
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India
FHRAI urges GST Council to restore ITC, warns of rising costs for hotels
The Federation of Hotel and Restaurant Associations of India (FHRAI) on Monday urged the GST Council to reconsider its decision…
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India
Trinamool calls it a “moral win” as Centre ends 18% GST on health insurance.
The Trinamool Congress has claimed moral victory after the Union government exempted Goods and Services Tax (GST) from individual health…
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Andhra Pradesh
GST reforms a true Diwali gift to nation: Pawan Kalyan
Andhra Pradesh Deputy Chief Minister Pawan Kalyan on Thursday welcomed the Goods and Services Tax (GST) reforms approved by the…
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Business
GST reforms to set economy open, transparent aiding small businesses: FM Sitharaman
Union Finance Minister Nirmala Sitharaman said on Tuesday that the next generation GST reforms will create an open and transparent…
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India
Big Bang reform: Finance Ministry proposes two-slab GST system after PM Modi’s speech
The Finance Ministry on Friday put forth the proposal about a simplified, two-tier Goods and Services Tax (GST) system with…
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Business
GST collection has clocked double digit growth in April-June quarter: Minister
A number of measures have been taken by the government on the recommendations of the GST Council for the benefit…
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Business
Will UPI Payments Above ₹2000 Attract 18% GST? Here’s the Truth Behind Viral Claim
A wave of confusion erupted on social media and some news platforms after reports suggested that the Union Government would…
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Business
18% GST on Used Car Sales – New Rule Explained
This revised GST regulation clarifies how the taxation system will now work for used cars, focusing on businesses that trade…
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Andhra Pradesh
GST Council to set up GoM to look into Andhra’??s demand for 1 pc calamity cess
The GST Council has decided to set up a GoM (group of ministers) to look into the demand for a…
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Business
55th GST Council defers rate cut decision on health insurance premiums
The GST exemption/reduction on life and health insurance premiums is a long-pending demand of the industry, as the move would…
