
There are differing opinions on the GST Council’s recommendation regarding the tax rate on popcorn, depending on whether it is…
Airlines have been lobbying for ATF to be taxed under GST to standardise levies across the country, simplifying the taxation…
A Group of Ministers (GOM) set up by the Council under Chaudhary, in its meeting in November had agreed on…
The GST Council has stated that ready-to-eat popcorn mixed with salt and spices will attract a 5% GST if it…
55th GST Council Meet highlights: In today’s meeting, the GST Council decided to defer discussions on several key issues including…
“The proposed fifth tax slab at 35% targets demerit goods, but it introduces unnecessary complexity into an already functioning GST…
The 55th GST Council meeting is expected to discuss key issues including the current GST structure on life and health…
The GST Council is expected to address several pivotal reforms focussed towards inverted duty structure, GST rate rationalization that will…
The GoM’s proposals may be well-intended, but they will make the GST regime more complex.
Experts said that key areas of discussion for the GST Council will include potential exemptions or reduced GST rates for…
The GST Council’s 54th meeting, held on September 9, had directed the GoM to finalise its report on the GST…
GST revenues must be pitted against the mop-up from the comparable pre-GST taxes, and constructive suggestions made on how the…
The decisions of the GST Council demonstrate the Government’s endeavour to ease taxpayer’s concerns with a time sensitive approach.
Currently, the Goods and Services Tax (GST) features a four-tier structure with rates set at 5%, 12%, 18%, and 28%.
Rather than raise rates, the government must fix the tax’s faulty design and bring in larger transaction volumes.
The 54th GST Council Meeting made major announcements like tax cuts on cancer drugs, helicopter travel, and snacks like namkeen.…
54th GST Council Meet Highlights, Nirmala Sitharaman Tax Announcements Live: The GST Council meeting has agreed to form a Group…
The issue has garnered attention in Parliament, with opposition members advocating for GST exemptions on health and life insurance premiums.