Tag: gst
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…
online gaming: Real money gaming sector tops GST evasion list
The real money online gaming sector topped the apex goods and services tax (GST) intelligence and investigation agency’s evasion list with detection to the tune…
DGGI detects Rs 2.01 lakh cr GST evasion in FY24; online gaming, BFSI most prone to evasion
NEW DELHI: Investigation arm DGGI has detected 6,084 cases involving Rs 2.01 lakh crore of GST evasion in 2023-24 fiscal, with online gaming and BFSI…
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…
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 meeting: GST on online transactions up to Rs 2,000 to be referred to fitment committee: Uttarakhand FM Premchand Aggarwal
The decision on the recommendation to levy 18 per cent GST on payment aggregators’ income from transactions under Rs 2,000 has not been made, reported…
Indian automotive industry: Auto industry crosses Rs 20 lakh crore mark in FY24; contributes 14-15 pc to total GST: SIAM President
The Indian automotive industry has crossed Rs 20 lakh crore mark in FY24 and now contributes 14-15 per cent of the total GST collected in…
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…