GST council

GST Council slashes tax on Electric Vehicles and EV chargers

GST Council slashes tax on Electric Vehicles and EV chargers

New Delhi: Close on the heels of Union Budget providing tax relief for buying electric vehicles (EVs), the GST Council in its 36th meetin...Read More

GST may become two-tier tax with merger of 12, 18 pc slabs: Arun Jaitley

GST may become two-tier tax with merger of 12, 18 pc slabs: Arun Jaitley

Former Finance Minister Arun Jaitley Monday said the 12 and 18 per cent tax slabs in goods and services tax (GST) could be merged going f...Read More

Budget: Limited expectations but roadmap is needed

Budget: Limited expectations but roadmap is needed

The most awaited policy of the government is the Union Budget. There are lots of hopes that there would be something for everyone as the ...Read More

NAA may be extended for 1 more year

NAA may be extended for 1 more year

The GST Council is likely to extend till November 30, 2020 the tenure of the National Anti-profiteering Authority (NAA), which deals with...Read More

GST Council may fix Rs 50 cr turnover threshold for e-invoice

GST Council may fix Rs 50 cr turnover threshold for e-invoice

The finance ministry is likely to propose Rs 50 crore as the turnover threshold for entities to generate e-invoice on a centralised gover...Read More

GST Council-like institutions needed to promote healthcare, rural development: Arun Jaitley

GST Council-like institutions needed to promote healthcare, rural development: Arun Jaitley

New Delhi: Finance Minister Arun Jaitley Wednesday made a case for setting up GST Council-like federal institutions to promote healthcare...Read More

It’s happy Holi for real estate: Council cuts GST rates

It’s happy Holi for real estate: Council cuts GST rates

Rationalising GST rates applicable on real estate sector is likely to bring back the boom in housing sector. A decision to this effect wa...Read More

GST Council can meet but no ‘beneficial decisions’

GST Council can meet but no ‘beneficial decisions’

New Delhi: The GST Council will not announce any “beneficial decisions” like rate cuts or extensions of time period for any schemes or co...Read More

GST Council defers decision on tax on real estate and lottery for further discussion

GST Council defers decision on tax on real estate and lottery for further discussion

New Delhi: The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday, and extended the deadline for bus...Read More

Indore: MP to get major benefits in GST law review panel meet

Indore: MP to get major benefits in GST law review panel meet

Indore: At the end of the three-day-long meeting of the GST Law Review Committee held in the city, the state received major success in ma...Read More

Indore: Over 12 lakh traders bear brunt of GST amendment

Indore: Over 12 lakh traders bear brunt of GST amendment

Indore: It seems that amendments made in GST law to allure traders ahead of crucial parliamentary elections will backfire. The amendments...Read More

Regulator tells insurers to make provisions for IL&FS exposure

Regulator tells insurers to make provisions for IL&FS exposure

Mumbai: Insurance companies will have to make provisions for their exposure to the crippled infra lender IL&FS, industry regulator Ir...Read More

GST Council Raises Exemption Threshold, Expands Composition Scheme

GST Council Raises Exemption Threshold, Expands Composition Scheme

In a bid to give relief to small businesses, the GST Council at a meeting concluded today has raised the threshold for availing Compositi...Read More

Kerala floods: GoM on GST approves levying 1 per cent calamity cess on value products, says Thomas Isaac

Kerala floods: GoM on GST approves levying 1 per cent calamity cess on value products, says Thomas Isaac

New Delhi: Kerala Finance Minister Thomas Isaac on Monday said that the Group of Ministers (GoM) on Goods and Services Tax (GST) has agre...Read More

GST Council to meet on January 10; to consider 5% GST on under-construction flats

GST Council to meet on January 10; to consider 5% GST on under-construction flats

New Delhi: The GSTCouncil is slated to meet on January 10 to discuss lowering GST onunder-construction flats and houses to 5 per cent, as...Read More

GST mop-up drops to Rs 94,726 crore in December

GST mop-up drops to Rs 94,726 crore in December

New Delhi: GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month. Com...Read More

India Inc hails GST Council’s move to cut tax rates

India Inc hails GST Council’s move to cut tax rates

New Delhi: India Inc on Sunday cheered the GST Council’s decision to slash tax rates on 23 goods and services and said the move will push...Read More

GST on under-construction homes may be cut to 5%

GST on under-construction homes may be cut to 5%

New Delhi: The GST Council is likely to consider lowering GST on under-construction flats and houses to 5 per cent in its meeting next mo...Read More

TVs, movie tickets, power banks get cheaper after GST council meet, 7 items moved from 28 per cent slab

TVs, movie tickets, power banks get cheaper after GST council meet, 7 items moved from 28 per cent slab

New Delhi: Seven items were on Saturday removed from the 28 per cent tax slab of GST, according to a decision taken by the GST Council as...Read More

Indore: Reduce GST rates on cement, 2-wheeler spares

Indore: Reduce GST rates on cement, 2-wheeler spares

Indore: Ahead of the meeting of GST Council, scheduled on December 22 in New Delhi, Ahilya Chamber of Commerce has proposed certain sugge...Read More

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