The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...

In a major policy move, Finance Minister Nirmala Sitharaman has signaled an upcoming reduction in GST rates, aligning with ...

The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.

GST Council, in its 55th meeting held on December 21, 2024, in Jaisalmer, Rajasthan, approved the reconstitution of the Group of Ministers (GoM) on Analysis of Revenue from GST. The reconstituted GoM ...

Also, whether it should be on B2B supplies only or B2C supplies only or both.The other members in the GoM include Finance Ministers from Assam Ajanta Neog, Chhattisgarh O P Choudhary, Gujarat Kanubhai ...

The Goods and Services Tax (GST) Council is considering reducing tax rates on certain items to stimulate consumption while balancing revenue needs, Mint reported, citing sources familiar with the ...

GST Council has constituted a Group of Ministers (GoM) to suggest recommendations for revenue mobilisation in case of natural calamities or disasters. It has reconstituted another GoM on analysis ...

Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the ...

Union Finance Minister Nirmala Sitharaman described the ongoing global turbulence as a "splashing" of forces, urging India to actively participate rather than remain a bystander ...

"It will come even further down," the minister added. The GST Council, headed by Sitharaman and comprising her state counterparts, in September 2021, set up a group of ministers (GoM) to ...