Tag: gst council
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,…
Nirmala Sitharaman: GST Council Meeting LIVE: FM Nirmala Sitharaman briefs media – The Economic Times Video
The 54th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers began on Monday. The Council is expected to…
GST Council Meet: 18% GST on online payments below ₹2,000 not finalised, pilgrims’ helicopter services GST cut
The Goods and Services Tax (GST) Council has not yet reached a decision on applying an 18% GST on transactions below ₹2,000 processed by payment…
health insurance GST: GST council likely to give big relief to individuals, senior citizens on Health Insurance premiums: Sources
The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance premiums on Monday. According to sources,…
GST Council to deliberate on taxation of insurance premium, report on online gaming
The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM’s suggestions on rate rationalisation, and…
GST cut on health insurance: You may not celebrate a likely tax cut this time
As the GST Council prepares for its next meeting on Monday, a big topic on the agenda is the high GST on health and life…
Health insurance GST: Indian states may be blocking the way for a big tax relief
The Goods and Services Tax (GST) Council is set to meet on Monday, with discussions expected to focus on reducing the tax burden on health…
GST exemption: GST on insurance premiums: Karnataka in favour of exemption on products used by working class
Karnataka is expected to pitch for GST exemption on health and life insurance only on such products used by the working and lower middle classes…
Tax on term life insurance may be exempted by GST Council: What will change for you
Aug 30, 2024 12:51 PM IST GST Council may exempt term life insurance from GST, formal decision expected on September 9. The GST Council is…