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Tag: GST council meeting

Stock markets decline in early trade amid weak global trends, relentless foreign fund outflows

Posted on September 3, 2025 By admin
Stock markets decline in early trade amid weak global trends, relentless foreign fund outflows

The 30-share BSE Sensex declined 153.28 points to 80,004.60 in early trade. The 50-share NSE Nifty dipped 46.4 points to 24,533.20. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday (September 3, 2025), tracking weak global market trends and relentless foreign fund outflows. Caution also prevailed in…

Read More “Stock markets decline in early trade amid weak global trends, relentless foreign fund outflows” »

Business

Centre moots two-rate GST system as part of PM Modi’s ‘Diwali gift’

Posted on August 15, 2025 By admin
Centre moots two-rate GST system as part of PM Modi’s ‘Diwali gift’

Representational image only. | Photo Credit: Getty Images/iStockphoto Prime Minister Narendra Modi’s “Diwali gift” to the people of India, of reforms to the Goods and Services Tax (GST) system, will likely be across three pillars — structural reforms, rate rationalisation, and ease of living — and could entail a shift to a two-rate GST system…

Read More “Centre moots two-rate GST system as part of PM Modi’s ‘Diwali gift’” »

Business

Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul

Posted on December 22, 2024 By admin
Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul

Image used for representative purpose only. | Photo Credit: BISWARANJAN ROUT The Congress on Sunday (December 22, 2024) said the “absurdity” of three different tax slabs for popcorn under GST only brings to light the growing complexity of the system and asked whether the Modi government will show the courage to launch a complete overhaul…

Read More “Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul” »

Business

GST Council sets up GoM on compensation cess; panel to submit report by December 31

Posted on September 27, 2024 By admin
GST Council sets up GoM on compensation cess; panel to submit report by December 31

Union Minister of State for Finance Pankaj Chaudhary. File. | Photo Credit: PTI The Goods and Services Tax (GST) Council has set up a 10-member GoM, chaired by Minister of State for Finance Pankaj Chaudhary, to decide on the taxation of luxury, sin and demerit goods once the compensation cess ends in March 2026. The…

Read More “GST Council sets up GoM on compensation cess; panel to submit report by December 31” »

Business

GST Council to meet on June 22: What will be the agenda?

Posted on June 13, 2024 By admin
GST Council to meet on June 22: What will be the agenda?

Bharatiya Janata Party (BJP) leader Nirmala Sitharaman arrives to assume charge as the Union Finance Minister, at the Ministry of Finance in New Delhi on June 12, 2024. | Photo Credit: ANI The Centre has decided to convene a meeting of the Goods and Services Tax (GST) Council on June 22, eight-and-a-half months after its last…

Read More “GST Council to meet on June 22: What will be the agenda?” »

Business

GST Council raises upper age limit of president and members of Appellate Tribunals

Posted on October 7, 2023 By admin
GST Council raises upper age limit of president and members of Appellate Tribunals

Finance Minister Nirmala Sitharaman with Union MoS for Finance Pankaj Chaudhary, Revenue Secretary Sanjay Malhotra and others during the 52nd Goods and Services Tax (GST) Council Meeting, in New Delhi, on October 7, 2023. | Photo Credit: PTI The Goods and Services Tax (GST) Council has decided to raise the maximum age limit for the…

Read More “GST Council raises upper age limit of president and members of Appellate Tribunals” »

Business

GST Council sticks to its guns, imposes 28% tax on online gaming 

Posted on August 2, 2023 By admin
GST Council sticks to its guns, imposes 28% tax on online gaming 

Union Finance Minister Nirmala Sitharaman with Union MoS for Finance Pankaj Chaudhary and Revenue Secretary Sanjay Malhotra during the 51st Goods and Services Tax (GST) Council Meeting, in New Delhi, on August 2, 2023. | Photo Credit: PTI The GST Council on August 2 blinked a little on technicalities and kept the door open for…

Read More “GST Council sticks to its guns, imposes 28% tax on online gaming ” »

Business

GST Council to impose 28% tax on online gaming firms

Posted on July 11, 2023 By admin
GST Council to impose 28% tax on online gaming firms

Union Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 50th Goods and Services Tax (GST) Council Meeting at Vigyan Bhawan, in New Delhi, on July 11, 2023. | Photo Credit: PTI The Goods and Services Tax (GST) Council, at its 50th meeting on July 11, reduced or clarified the tax rate on…

Read More “GST Council to impose 28% tax on online gaming firms” »

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