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9 important changes and key takeaways from the 53rd GST Council meeting

A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today

Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …

ANI   


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GST to be paid by telecom companies, along with instalments towards spectrum charges: Official

Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a …

PTI   


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Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM

The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…

ANI   


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Union budget 2024-25 : When will it be presented, what to expect and more

Finance minister Nirmala Sitharaman is expected to present the first full-fledged union budget unde…

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GST notices worth Rs 1 lakh crore issued to online gaming firms

The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…

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GST Council likely to levy 18% tax rate on corporate guarantees for loans

The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …

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28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM

Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…

PTI   


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Delta Corp shares tank 25%, Nazara Tech down 4% after GST hit on online gaming

Shares of Delta Corp fell as much as 25 % on Wednesday after the imposition of 28% GST on online ga…

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Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos

The central government on Friday will seek the introduction and passage of the Central Goods and Se…

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GST Council meet: decriminalisation, tax evasion in pan masala, gutkha biz on agenda

Besides, GST on online gaming and casinos may come up for deliberations at the Council meeting.…

PTI   


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GST collections stood at ₹1,43,612 crore in August

The gross GST revenue collections in August witnessed a 28% jump year-on-year basis, as they stood …

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SIMPLY PUT: How will the GST council’s tax changes affect family budgets?

GST rates were being revised to rationalise tax on certain goods and services to correct a…

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SIMPLY PUT: How will the GST council’s tax changes affect family budgets?

The Goods and Services Tax (GST) Council held its 47th meeting last week and announced a slew of ch…

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GST Council meet: No new tax on food delivery apps Swiggy, Zomato

It extended the period of concessional GST rates on certain COVID-related drugs by three mo…

PTI   


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GST rates raised again, take out your cheque books. Wait, that’s taxed too

GST rates raised again, take out your cheque books. Wait, that’s taxed too

Bhakti Makwana   


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GST Council to allow e-commerce for unregistered vendors

CAIT national president B.C. Bhartia and Secretary General Praveen Khandelwal said this decisi…

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28% GST on crypto transactions? India is reportedly mulling another tax levy next week

A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…

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GST council and states fail to reach consensus on compensation cess — 'No dispute, we may have differences,' says Sitharaman

“There is no dispute, we may have differences,” said Sitharaman. According to her, most of the s…