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 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 ...
The State government has consistently adopted a strong stance in the GST Council to avoid revenue loss in Goods and Services Tax (GST), Finance Minister K.N. Balagopal said on Monday. The Minister ...
The GST Council has constituted a Group of Ministers under Uttar Pradesh Finance Minister Suresh Kumar Khanna to suggest uniform policies for levying a special calamity cess in case of natural ...
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 ...
"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 ...
It will come down 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 ...
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Newspoint on MSNGST Rate Reduction on the Horizon: Finance Minister Hints at Upcoming Cuts – Key DetailsIn a major policy move, Finance Minister Nirmala Sitharaman has signaled an upcoming reduction in GST rates, aligning with ...
But the general trend of the GST council’s decisions in the past few years has been to increase it. If you recall, after its last meeting, the council announced three different taxes on popcorn.
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GST Council to meet on December 21: Insurance levy, rate rationalisation, tax reduction on products on agendaThe GST Council is set to meet on December 21 to decide upon a crucial decision on whether to exempt or reduce the GST rate on health and life insurance. This announcement was made by the GST ...
The GST is a broad-based consumption tax of 10%. It applies to most goods and services that are consumed in Australia, regardless of their origin. An import tariff – sometimes called an import ...
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