The Financial Express13h
Textile units under GST lens for mis-classifying services
Tax experts say that the GST misclassification in the textile industry arises from ambiguity in tax slabs. “Some ...
GST Council constitute GoM to examine levy of natural calamity cess by a particular state
GST Council forms GoM for revenue mobilization during disasters and reconstitutes GoM for analyzing GST revenue trends.
FM says GST rates to be rationalised; Congress demands overhaul
FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, ...
The Financial Express8d
‘GST rates will come down further’, says Finance Minister Nirmala Sitharaman
Further discussions will take place in the next GST Council meeting to address crucial aspects, including rate reductions, ...
Rediff Money10d
GST Council Reconstitutes GoM on Revenue Analysis
The GST Council has reconstituted the Group of Ministers on GST revenue analysis with an expanded ToR, focusing on ...
GST Council revamps GoM for sector-specific tax policy suggestions
The GST Council has reconstituted the Group of Ministers on GST revenue analysis which will suggest sector-specific issues that need policy intervention, and the feasibility of a unified enforcement ...
GST rates to be reduced further, rationalisation on the cards: FM Sitharaman
FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, ...
GST cut on insurance premia likely; final rate yet to be decided: Report
The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...
GST Council sets up GoM to examine states' demand for levy of natural calamity cess
The GST Council has constituted a Group of Ministers under Uttar Pradesh Finance Minister Suresh Kumar Khanna to suggest ...
Devdiscourse8d
GST Rate Rationalization Nears Finale: A Closer Look
Finance Minister Nirmala Sitharaman announced efforts to further lower GST rates, with the rationalization process nearing ...
Donuts to rosogolla, GST bites into foods in India; Congress highlights HC case
Opposition party slams finance minister Nirmala Sitharaman over ‘GSTitis’ as food lovers grapple with confusing and costly ...
Business Line7d
GST rejig on the cards as domestic collections remain strong
Consistent good growth in GST collections from domestic sources is likely to nudge the GST Council to effect a rate rejig in its next meeting. The Council is supposed to meet once in three months ...