A less-complex GST structure essentially would imply a reduction in the number of tax slabs, minimal carve outs and ...
The GoM on GST rate rationalisation deferred reworking slabs but reviewed rates in the 12% and 18% categories. Focus areas include health insurance, restaurants, and some food products.
Relief may be on the way for the middle class as the GST Council is mulling to ease tax rates on life and health insurance and also cut GST rates on cancer drugs. In a media briefing on the ...
Star Health, ICICI Lombard, ICICI Pru Life, SBI Life and HDFC Life stocks have zoomed up to 28% so far in the September ...
The last council meet provided relief for taxpayers who received demand notices between 2017 and 2021 under Section 16 (4).
In the case of In re Imtiyaz Kaiyum Barvatiya before the Gujarat Authority for Advance Ruling (AAR), the central issue was ...
Union finance minister Nirmala Sitharaman defended varied GST rates, explaining they were set by consensus in the GST council. Addressing hotelier complaints and Tamil Nadu's government criticisms ...
GST collections from real-money gaming sector were Rs 1,349 crore for the six-month period prior to the new tax rates, ...
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves ...
While GST on extruded or expanded namkeens, bhujia, mixture, and chabena (pre-packaged and labelled) was reduced, the tax rate of 5% continues on un-fried or un-cooked snack pellets, a ...
The meeting, which also saw participation from Union Minister of State for Finance Pankaj Chaudhary and various state representatives, focused on revising GST tax rates and streamlining compliance ...