Meanwhile, the 55th GST Council meeting ended without any major decisions being taken. The much-awaited decision on lowering GST rates on health and life insurance premium has been deferred as the ...

The 55th Goods and Services Tax (GST) council meeting has sparked a major discussion around changes proposed by Finance Minister Nirmala Sitharaman. Let's take a closer look at the announcements made.

Speaking at the ET Awards event, Finance Minister Nirmala Sitharaman said that the government is is very close to finalising ...

Finance Minister Nirmala Sitharaman is slated to meet her state counterparts on December 21 for the 55th GST Council meeting in Rajasthan's Jaisalmer. During the meeting, state finance ministers ...

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.

The GST Council has only simplified the tax structure and proposed a single rate of GST @ 18% on supply / sale of all old and used vehicles including electronic vehicles (EV’s). This is not a new tax ...

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 ...

Discussions between Centre and states have taken place to undertake not just GST rate rationalisation but also simplify the structure, with a particular focus on doing away with the 12 per cent slab, ...

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.

The GST Council has reconstituted the Group of Ministers on GST revenue analysis with an expanded ToR, focusing on ...