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GST rates

GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi

GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi

Mon, Sep 09, 2024

GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi

Group of Ministers' committee on GST levy on casinos and online gaming to submit report next week

Group of Ministers' committee on GST levy on casinos and online gaming to submit report next week

Fri, Nov 25, 2022

Currently, online gaming attracts 18 per cent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.

New GST Rates: More Than 10 Household Items That Will Expensive From Today, Hotels Too Included

New GST Rates: More Than 10 Household Items That Will Expensive From Today, Hotels Too Included

Mon, Jul 18, 2022

GST hiked rates applicable from today. 5% GST on packaged food items. What will be costly due to increase in GST? Know from Varun Dubey.

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India Inc demands rate cut in December policy; will RBI follow?

India Inc demands rate cut in December policy; will RBI follow?

Sun, Dec 03, 2017

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will meet on December 5 and 6 for the Fifth Bi-monthly Monetary Policy Statement for 2017-18. The resolution of the MPC will be made public on December 6.

Prices of Fridge, AC & washing machines may soon become cheaper

Prices of Fridge, AC & washing machines may soon become cheaper

Mon, Nov 20, 2017

Since its inception on July 01, 2017, GST has undergone various revision. There are five tax slabs under this regime namely - 0%, 5%, 12%, 18% and 28%.

High Court judges, experts brainstorm on likely GST litigations

High Court judges, experts brainstorm on likely GST litigations

Sun, Nov 19, 2017

Top domain experts and officials from the GST Intelligence and the Central Board of Excise and Customs (CBEC) briefed judges about the new tax system recently, according to documents available in the public domain.

High Court questions 12% GST on sanitary napkins

High Court questions 12% GST on sanitary napkins

Thu, Nov 16, 2017

The Delhi High Court on Wednesday questioned the central government`s decision to impose 12 per cent tax on sanitary napkins under the GST regime, saying it has exempted "bindi, kajal, sindoor" which seem more essential than sanitary napkins.

Lower GST rates on restaurants, 178 goods become effective

Lower GST rates on restaurants, 178 goods become effective

Wed, Nov 15, 2017

The GST has been cut on a host of consumer items. Only 50 products, including luxury and sin items, white goods, cement and paints, automobiles, washing machines, air conditioners, aeroplane and yacht parts have been retained in the top 28 per cent slab.

GST Council: Annual turnover of composition scheme will be increased to Rs 2 crore

GST Council: Annual turnover of composition scheme will be increased to Rs 2 crore

Sat, Nov 11, 2017

On November 10, the GST Council cut tax rates of over 175 products that were in the highest tax slab of 28% under the regime. Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

GST recommendations will benefit people, strengthen tax structure: Modi

GST recommendations will benefit people, strengthen tax structure: Modi

Sat, Nov 11, 2017

"The recommendations made by the GST Council today will further benefit our citizens and add strength to the GST. These recommendations are in spirit of the continuous feedback we are getting from various stakeholders on GST," Modi said in a series of tweets.

GST Council cuts rates on over 175 products, keeps only 50 items in 28% slab

GST Council cuts rates on over 175 products, keeps only 50 items in 28% slab

Fri, Nov 10, 2017

The GST Council on Friday cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime. Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

Here's how much the govt panel recommends lowering of GST rates for SMEs

Here's how much the govt panel recommends lowering of GST rates for SMEs

Mon, Oct 30, 2017

The panel further recommended the increasing the ceiling for eligibility to enterprises with an annual revenue of less than Rs 1.5 crore from Rs 1 crore earlier.

Lack of Diwali bonus due to GST adds to Diwali spending woes

Lack of Diwali bonus due to GST adds to Diwali spending woes

Wed, Oct 18, 2017

Not only spending sentiments have come down this Diwali but also demand for various products which rooted for such festive season.

From walnuts to computer monitors: 40 items that will be cheaper due to cut in GST rates

From walnuts to computer monitors: 40 items that will be cheaper due to cut in GST rates

Sun, Sep 10, 2017

The 40 items on which the GST rate has been reduced include food items such as walnuts, dried tamarind, idli or dosa batter, custard powder to plastic raincoats, saree fall, textile caps, etc.

Govt notifies hike in GST cess on mid, large cars to 25%

Govt notifies hike in GST cess on mid, large cars to 25%

Sun, Sep 03, 2017

With this amendment, taxation on luxury, SUV and other vehicles would be brought at par with that prevailing pre-GST rollout.

Railway contractors to go on nation-wide strike tomorrow over GST rates hike

Railway contractors to go on nation-wide strike tomorrow over GST rates hike

Sat, Aug 19, 2017

IRIPA also mentioned that they hope government will react to this strike immediately and "not force us to do something which will adveresely affects railway operations across the country."

Watch: GST rollout improves business efficiency by 30%, says PM Modi

Watch: GST rollout improves business efficiency by 30%, says PM Modi

Tue, Aug 15, 2017

Narendra Modi said crores of people are behind the success of GST and the implementation of the new indirect tax regime is an example of the benefits that can be reaped if there is cooperative federalism in place between the Centre and states.

Number of slabs in GST will be reduced later: Meghwal

Number of slabs in GST will be reduced later: Meghwal

Sat, Aug 12, 2017

Arjun Ram Meghwal said the GST Council would take its decision on how to extend the excise duty benefits for the entities with operations in the northeast.

GST on textile job works cut; e-way bill provisions finalised

GST on textile job works cut; e-way bill provisions finalised

Sun, Aug 06, 2017

Briefing reporters after the 20th meeting of GST Council, Finance Minister Arun Jaitley said all goods worth over Rs 50,000 will have to be pre-registered online before they are moved for sale beyond 10 km.

No GST on gifts under Rs 50,000 per year by an employer: Govt

No GST on gifts under Rs 50,000 per year by an employer: Govt

Mon, Jul 10, 2017

Gifts of above Rs 50,000 value in a year, when given by the employer to the employee without consideration and outside the contractual agreement, will come under the ambit of Goods and Services Tax (GST), the Finance Ministry said on Monday.

This app will help you find your GST rates on various goods and supplies

This app will help you find your GST rates on various goods and supplies

Sat, Jul 08, 2017

To bring in proper understanding of GST rates for Indian, the Finance Ministry has launched a GST Rates Finder app.

7th Pay Commission allowances to bump up inflation temporarily

7th Pay Commission allowances to bump up inflation temporarily

Sun, Jul 02, 2017

The Seventh Pay Commission and implementation of GST has put inflation in an uncertain zone, and prices are expected to rise temporarily, says an HSBC report.

GST impact: Apple cuts iPhone, iPad prices in India

GST impact: Apple cuts iPhone, iPad prices in India

Sun, Jul 02, 2017

A day after the Goods and Services Tax (GST) came into practice, Apple on Saturday reduced the retail prices of iPhones, iPads, Macs and Apple Watch models for its consumers in India.

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