Thu, Nov 07, 2024
The GST Council is considering a proposal to make health insurance premiums tax-free. This move aims to reduce the financial burden on policyholders and promote wider access to healthcare coverage. If approved, the change could simplify tax calculations for individuals and encourage more people to invest in health insurance. This potential policy shift could have significant implications for the insurance industry and consumers alike
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Fri, Sep 27, 2024
With just one-and-a-half year remaining for the cess to end, the GST Council in its 54th meeting on September 9 decided to set up a GoM to decide the future course of the cess.
Sun, Sep 22, 2024
During the August meeting, the panel had tasked the fitment committee comprising tax officers from the Centre and states to analyse the implication of tax rate change on some items and gather more data.
Sun, Sep 15, 2024
The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life insurance products and submit its report by October 30. Bihar Deputy Chief Minister Samrat Choudhary is the convenor of the GoM.
Mon, Sep 09, 2024
ABCD of GST decisions...more wait for cheap health insurance. GoM will give report by the end of October. Approval of formation of 2 new GoM panels. Know complete details in this video.
The important meeting of GST Council has ended. At this time Finance Minister Nirmala Sitharaman is holding a press conference. Tax cut on cancer medicines and salty items. It was decided to use steel scrap under reverse charge mechanism. Know complete details in this video.
GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi
The Union Minister said that a key decision related to health regulations may be made in the next meeting after the Group of Ministers submits their report in October.
The Fitment Committee, comprising the Centre and state tax officials, on Monday presented a report giving data and analysis and implications of GST reduction on life, health and reinsurance premiums.
After a meeting of the all-powerful GST Council on Monday, September 9, Finance Minister Nirmala Sitharaman said that new members will be inducted to the Group of Ministers to deliberate on pressing issues.
Sun, Sep 08, 2024
Sources said the fitment committee, comprising Centre and state tax officials, will present a report on GST levied on life, health and reinsurance premiums and the revenue implications.
Tue, Aug 13, 2024
The GST Council, led by Union Finance Minister Nirmala Sitharaman, will hold its 54th meeting on September 9, 2024, in New Delhi. The agenda includes discussions on GST rate rationalisation, reducing tax slabs, and addressing duty inversion issues. The meeting will feature a presentation by the Group of Ministers on rate rationalisation and set the stage for future discussions on GST reforms.
Mon, Aug 12, 2024
On June 22, Finance Minister Nirmala Sitharaman said that the next meeting of the GST Council would take place in mid to late August.
Sat, Jun 22, 2024
The council also recommended a uniform GST rate of 12 per cent on all carton boxes and cases of both corrugated and non-corrugated paper or paper board.
The 53rd meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, is also likely to discuss the progress of the Group of Ministers (GoM) on finalising the report on Goods and Service Tax (GST) rate rationalisation and amendments to GST laws based on previous decisions of the council.
Wed, Jun 19, 2024
What important issues can be discussed in the GST Council meeting to be held on June 22? Know complete details in this video
The 53rd meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, is also likely to discuss the progress of the Group of Ministers (GoM) on finalising the report on Goods and Service Tax (GST) rate rationalisation.
Thu, Jun 13, 2024
GST Council meeting will be held in Delhi on June 22, important issues related to GST will be discussed, know full details.
The 52nd meeting of the GST Council, which comprises finance ministers of all states and UTs, was held on October 7, 2023.
Mon, Jan 08, 2024
Nazara Tech was down by 0.48 per cent, or Rs 4.10, at Rs 846.05 at 10:02 am on Monday. Delta Corp, on the other hand, was lower by 1.35 per cent, or Rs 2.05, at Rs 150.20 in morning deals on Monday.
Thu, Nov 02, 2023
Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.
Mon, Oct 09, 2023
Sugar and liquor stocks were in focus on Monday after the all-powerful GST Council decided to reduce the tax applicable to molasses significantly.
Sun, Oct 08, 2023
During the 52nd GST Council meeting, states raised the issue of notices for tax demand served under the GST regime on gaming companies, with some states terming it "retrospective taxation". Chhattisgarh Deputy Chief Minister T S Singh Deo said that states like Delhi and Goa raised the issue of online gaming companies receiving a spate of GST demand notices for alleged evasion. Delhi Finance Minister Atishi said that tax notices are being sent for a much higher amount than even the estimated valuation of the gaming industry.
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