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GST COUNCIL JAISALMER
Popcorn casteism is alive and poppingThe GST Council has decided to maintain the existing tax rates on popcorn, but clarified its classification for taxation purposes. Ready-to...
Karnataka Revenue Minister Krishna Byre Gowda pitches for higher professional tax, saying its value has dropped over the yearsKarnataka Revenue Minister Krishna Byre Gowda advocated for a Constitutional amendment to raise the professional tax cap. Gowda highlighted...
States say no to GST on jet fuelThe GST Council meeting saw states opposing the inclusion of ATF under GST. Finance Minister Nirmala Sitharaman announced the states' decis...
GoM to look into Andhra Pradesh's demand for 1% calamity cess on luxe goodsThe GST Council will form a group of ministers (GoM) to explore Andhra Pradesh's request for a 1% calamity cess on luxury goods for disaste...
India considers exempting gift vouchers from GST; Council to discuss key issuesThe GST Council is contemplating exempting gift vouchers from GST and reducing tax rates on insurance premiums. They are also considering a...
Gift vouchers won't attract GST, clarifies CouncilThe GST Council declared that voucher transactions will not be subject to GST, providing relief to retailers. This decision clarifies that ...
GST Council meeting begins: Tax rate on electric cars, food delivery apps and flavoured popcorn on cardsThe 55th GST Council meeting in Jaisalmer deliberated on tax relief for insurance, increasing the tax rate on used EVs to 18%, clarifying t...
Budget 2025: Nirmala Sitharaman holds meet with states; Punjab and Kerala seek special financial packagesPunjab and Kerala have sought special financial packages during pre-Budget consultations with Finance Minister Nirmala Sitharaman. States a...
SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
Realty developers urge govt to reconsider proposal to bring FSI, additional FSI under GSTIndian real estate developers are worried. A proposed 18% GST on floor space index could increase housing prices. The developers' body, CRE...
IndiGo, SpiceJet shares in focus as gov to consider inclusion of ATF under GST regimeShares of aviation companies such as InterGlobe Aviation (IndiGo) and SpiceJet are expected to remain in focus today, as the government may...
Proposal to impose 35% GST on 'sin goods' not a good idea: SJMThe Swadeshi Jagran Manch, along with other trade bodies, criticizes the proposed 35% GST on "sin goods" like tobacco and aerated beverages...
Retailers urge FM and GST Council not to go for higher 35 pc tax rateThe Indian Sellers Collective urges the Finance Minister and GST Council to reject proposals for a 35% GST slab on certain products. They a...
Niva Bupa, Star Health shares jump up to 13% on likely GST reduction for health insurance premiaNiva Bupa Share Price: Health insurance stocks rallied on Tuesday, with shares rising as much as 13% on the BSE, following the Group of Min...
Cost of health, life insurance to come down if GST Council decides to reduce taxes on premium: FMFinance Minister Nirmala Sitharaman stated that insurance costs may decrease if the GST Council suggests lowering GST rates on health and l...
GST Council to hold 55th meet on December 21 in Jaisalmer, RajasthanUnion Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council...
Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council m...