Tag: gst council
Health, life insurance premiums need a tax cut? GoM to meet on October 19
The ministerial panel to decide on lowering goods and services tax (GST) on health and life insurance premiums will have its first meeting on October…
GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaks
New Delhi: The ministerial panel on GST rate rationalisation will meet on September 25 and is expected to discuss tweaking of tax slabs and rates….
Cosmo Film case: Gujarat HC order to provide relief to importers
In what could come as relief for many Indian Importers who were under investigation by the Directorate of Revenue Intelligence (DRII) and respective jurisdictional commissioners…
GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30
New Delhi: The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life…
Sitharaman-led GST Council has a key task now to develop a long-term vision for tax
As GST Council concluded it 54th Council meeting, it was clear that the council had once again quickly reacted to certain industry pain points and…
GST council meeting: What has become cheaper for you now
Sep 10, 2024 03:05 PM IST The GST council announced tax cuts on items including cancer drugs, namkeens, and helicopter travel. GST on cancer drugs…
gst council meeting decisions: GST Council spices things up: Here’s what got cheaper overnight in India
The GST Council’s meeting on Monday added some flavor to the Indian tax system, announcing significant cuts aimed at making essential services and goods more…
Industry leaders welcome GST Council’s decision on rate cuts
New Delhi: The industry leaders welcomed the GST council‘s decision on rate cuts and policy adjustments in various sectors.In a significant move to provide relief…
GST Council Meeting: Exemptions for foreign airlines, rate reductions, and new Groups of Ministers formed
The Goods and Services Tax (GST) Council exempted the import of services by foreign airline companies from related persons or any of their establishments outside…
GST Council to decide rate cut on health, life insurance premiums in November; Cuts tax on cancer drugs, namkeen
The GST Council will take a call on reducing tax rate on premiums of health and life insurance policies at its next meeting in November,…