The Department of Finance's Joint Secretary stated that a reduction in Goods and Services Tax (GST) could make insurance more affordable fo...

The GoM on GST rate rationalisation has proposed lowering tax rates to 5% on 20-litre packaged drinking water bottles, bicycles, and exerci...

The Group of Ministers (GoM) is likely to recommend exempting Goods and Services Tax (GST) on term life insurance premiums and health insur...

The GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from...

The Group of Ministers (GoM), after a meeting here on Thursday, tasked a committee of tax officials to look into the implication of carryin...

"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...

India's finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation. The position has bee...

The Group of Minister's (GoM) report on setting up appellate tribunals to hear disputes, and decriminalisation of GST law will be the key a...

UP and WB favoured a differential treatment between games of ‘skill’ and ‘chance’, say sources.

The GoM, chaired by Meghalaya Chief Minister Conrad Sangma, met virtually on Tuesday to discuss and conclude their long pending report on t...

Regarding casinos, the GoM had recommended that the tax should be levied on the full face value of the chips/coins purchased from a casino ...

Goa had opposed GoM's earlier recommendation and wanted that the 28% GST be levied only on the betting amount and not the full spend at a c...

Addressing a conference on GST organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Uttar Pradesh finance minister Su...

Currently, GST of 18% is levied on casinos, horse racing and online games where no betting or gambling is involved. The rate is 28% for onl...

GST Council cut tax rate from 12% to 5% on medical grade oxygen, BiPaP machines, oxygen concentrators, ventilators, pulse oximeter

"The GoM has decided that the GST Council will prepare a questionnaire and send to states for response..Out of the terms of reference of th...

At present, while manufacturers pay GST at 2 per cent, the rate for restaurants is 5 per cent. Traders currently pay 1 per cent.