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GST COUNCIL MEMBER
'Five guarantee schemes will not be stopped': Siddaramaiah slams BJP for "false propoganda"Former Karnataka Chief Minister Siddaramaiah assures that the Congress party's five guarantee schemes will continue indefinitely. He labels...- NITI backs 5% GST slab for R&D procurementNiti Aayog suggests bringing back a 5% GST rate for research and development purchases. This move aims to boost usable funds for research i...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- FM dispels concern of rise in GST rate, says there is not even one such itemFinance Minister Nirmala Sitharaman assured that no GST rates have been increased since its implementation. She clarified that the average ...
- GST reduction will make insurance little affordable for customers, says Department of Finance Joint SecyThe Department of Finance's Joint Secretary stated that a reduction in Goods and Services Tax (GST) could make insurance more affordable fo...
- GST on term life insurance premium, senior citizen's health coverage likely to be exemptThe Group of Ministers (GoM) is likely to recommend exempting Goods and Services Tax (GST) on term life insurance premiums and health insur...
- GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30The GST Council has formed a 13-member Group of Ministers to recommend GST rates on health and life insurance premiums. Bihar Deputy Chief ...
- GST council likely to give big relief to individuals, senior citizens on Health Insurance premiums: SourcesGST Council Meeting: The 54th GST Council meeting on Monday is expected to make a key decision regarding the GST rate on health insurance p...
- Finance Ministry releases Rs 1.1 lk cr as third instalment of tax devolution to state govts"One advance instalment in addition to the regular instalment due in June 2023 is being released to States to enable them to speed up capit...
- FinMin starts process for deciding on convenor of GST rate rationalisation GoMIndia's finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation. The position has bee...
- WB Finance Minister Amit Mitra writes to Sitharaman, dissents over GST on COVID-19 drugsZero-rating would require some changes in the law which could have been done via ordinance, Mitra said, noting that former GST Council memb...
- Non-BJP state FMs object to GST Council meeting decisions"This is totally an anti-people decision that is being thrust on us at the GST Council. As representatives of the people we have no way to ...
- Karnataka staring at Rs 65,000 crore drop in revenues, says ex-GST Council memberIn an interaction with ET on Thursday, Congress MLA Krishna Byre Gowda said the state’s GST shortfall this year is expected to be between R...
- Wrong time to raise GST rates, cautions former GST Council memberThis is the worst time to raise the rates of GST on essential commodities. This will further squeeze the spending power of large sections o...
- Tax revenues need to stabilise before relook at GST rates: Sushil ModiBharat Chamber President Sitaram Sharma said there are still a lot of network and credit-related issues that need to be sorted out.
- Hasmukh Adhia-led panel to meet tomorrow on exporters' issues post GSTExporters have been complaining that about Rs 1.8 lakh crore of working capital has been locked up in refunds due from the tax department s...
- GoM headed by Sushil Modi to look into GSTN portal hiccupsThe GST Council had on Saturday decided to form a five-member panel to look into the technical glitches facing GST-Network (GSTN).
- GST Council cuts tax rate on fertiliser to 5 pc from 12 pcThe GST Council, in another move to give relief to farmers, also cut tax rate on exclusive parts of tractors from 28 per cent to 18 per cen...
- Pakistan harbouring terrorists in Afghanistan: US intel officials"They view all of the challenges through the lens of an Indian threat to the state of Pakistan," Lt Gen Vincent Stewart, Director, Defense ...
- GST bill introduced in Lok SabhaGovt introduced a Constitution Amendment Bill in LS which seeks to pave way for GST, which would subsume most of the indirect taxes.
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