GST Council Meeting Highlights: New GST invoice system from …
WEBSep 9, 2024 · The 54th GST Council Meeting, chaired by Nirmala Sitharaman, decided to form a Group of Ministers on insurance tax and defer the decision on compensation cess. The meeting also agreed to...
Why a grand GST bargain with states is needed
WEB2 hours ago · September 23, 2024 05:40 IST. 5 min read. To convince the states to bring POL products under the GST regime, a grand bargain would be needed. During the first five years of GST, there was a provision to compensate states for a loss of revenue, if any, measured against a 14 per cent growth over their “protected” revenues in 2015-16.
Latest GST News, Information, Notifications & Announcements
WEBMar 24, 2017 · Keep up with the latest GST news and updates from CBIC, GST Council, and GST Network. Various important developments have been made, including new functionalities on the GST portal, government releases, and updates on e-way bills and e-invoicing systems. Keep track for timely and 100% compliance.
GST 2.0: Paving the way for India’s trade and economic growth
WEB1 day ago · The Economic Survey 2023-24 highlights the crucial role of indirect taxes in India’s economic framework. In FY24, gross GST collections soared to Rs 20.18 trillion, reflecting a 11.7% increase from the previous year. With over 13 million entities now GST-registered and consistently filing returns, the survey confirms that GST implementation ...
Exclusive | FM Nirmala Sitharaman signals possible GST rate ...
WEB6 days ago · The recommendations from the group will be reviewed by the GST Council, which will decide on further actions. India’s current GST structure includes five different slabs, unlike several countries that operate with fewer rates. The rationalisation effort is aimed at improving clarity and stability for businesses and consumers.
53rd GST Council Meeting Highlights: GST meeting over; FM …
WEBJun 22, 2024 · Follow the live updates of the 53rd GST Council meeting on June 22, 2024, presided over by Finance Minister Nirmala Sitharaman. The meeting will discuss proposals to bring natural gas and ATF...
GST Council is looking at rates item by item for rationalisation ...
WEB16 hours ago · Finance Minister Nirmala Sitharaman said the GST Council is looking at the GST rates, item by item, for rationalisation and the process was being discussed for a long time and delayed due to ...
GST Council Meeting: Sin goods windfall, tax relief talks, and more ...
WEBJun 22, 2024 · The 53rd GST Council meeting on Saturday will discuss various measures to ease tax burden, streamline procedures, and review rates. Topics include the use of Rs 70,000 crore cess on sin goods, the 28% GST on online gaming, and the stay on corporate guarantees circular.
Goods & Service Tax, CBIC, Government of India :: Home
WEB6 days ago · Find the latest updates, notifications, guidelines and FAQs on GST, the comprehensive indirect tax regime in India. Access online services, forms, returns, refunds, e-payments and more on the Central Board of Indirect Taxes and Customs website.
LATEST GST NEWS - The Economic Times
WEBMay 21, 2020 · Find out the latest news and updates on GST, the Goods and Services Tax in India. Read about GST rates, collections, exemptions, amendments, cases, and more from The Economic Times.