Centre ready to exempt health and life insurance from GST. Then why is the industry pitching for 12%?
While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...
GST rejig on the cards as domestic collections remain strong
Potential rate rejig in GST Council meeting due to consistent growth in domestic collections, aiming for rationalization of ...
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.
Rediff Money7d
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 ...
Can GST rate rationalisation make India's tax system truly simple?
The Union government plans to propose GST rate and slab cuts to the GST Council. Can this reform make India's indirect tax ...
Avoid piecemeal approach to GST shake-up
Experts emphasize that certain industries, such as real estate, automobiles, and hospitality, have been adversely affected by ...
Press Trust of India on MSN4d
Need of hour radically-simplified, less-punitive GST 2.0: Congress
The Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The ...
Very close to decision on reducing GST rates & slabs: Nirmala Sitharaman
Speaking on the ongoing efforts to simplify the GST structure, Nirmala Sitharaman said, 'We are very close to closing in on a ...
The Financial Express5d
‘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, ...
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 ...
FM says GST rates to be reduced further, rationalised; Congress demands overhaul
Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the ...
Kerala has adopted firm stance in GST council for avoiding revenue loss in GST: K.N. Balagopal
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.