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GST Council postpones major decisions, key issues left for further deliber
Updated : 1 year, 5 months ago IST
No major decisions were made during the 55th meeting of the Goods and Services Tax (GST) Council, held in Jaisalmer. The Council postponed key decisions on issues such as rate rationalisation and the determination of tax rates on insurance premiums.
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"Thankfully, it was not taken up": J-K CM on proposed GST hike on Kashmir
Updated : 1 year, 5 months ago IST
"Thankfully, it wasn't taken up and we will also ensure that in the future, something like this is not considered because it would be life-threatening to our Pashmina shawl industry...," CM Omar Abdullah said.
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Whispering Earth's MyEcoTour Wins MSME INDIA 5000, Year 2024 Award
Updated : 1 year, 5 months ago IST
New Delhi [India], December 21: Whispering Earth's MyEcoTour has been awarded the coveted MSME INDIA 5000 Award for the year 2024. MyEcoTour is a luxury travel service provider based in Mumbai, India. It offers mindful and immersive travel experiences worldwide, prioritizing eco-conscious pr
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Nirmala Sitharaman chairs 55th GST Council meeting in Jaisalmer
Updated : 1 year, 5 months ago IST
Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the Goods and Services Tax (GST) Council which is underway in Jaisalmer of Rajasthan on Saturday.
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Nirmala Sitharaman arrives in Jaisalmer a day ahead of GST Council meeting
Updated : 1 year, 5 months ago IST
Sitharaman was welcomed by Rajasthan's Deputy Chief Minister Diya Kumari and other state government officials upon her arrival at the Jaisalmer airport.
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Maharashtra govt waives off Rs 27,000 crore in interest and penalties for
Updated : 1 year, 5 months ago IST
Those who pay the dues between November 1, 2024, and March 31, 2024, would be eligible for the benefits under the amnesty scheme.
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Rate rationalization on insurance part of agenda for next GST Council meet
Updated : 1 year, 5 months ago IST
The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.
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Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 5 months ago IST
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
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Substantial rise in GST collection between April-November 2024
Updated : 1 year, 5 months ago IST
The Goods and Services Tax (GST) collections have gone up by 9.3 per cent so far in the current fiscal 2024-25 to Rs 14.56 lakh crore. In the April-November period of last year, the tax mop-up was Rs 13.32 lakh crore.
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17 states achieved over 9 pc and 25 states over 7 pc GSDP growth post-COVI
Updated : 1 year, 5 months ago IST
Among these, 17 states surpassed an impressive 9 per cent growth rate, with Gujarat, Kerala, Telangana, Rajasthan, West Bengal, Bihar, Karnataka, Uttar Pradesh, Haryana, and Odisha standing out for their robust economic performance during 2021-22 and 2022-23.
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Congress MP Vijay Vasanth gives adjournment motion in LS to discuss remova
Updated : 1 year, 5 months ago IST
Congress MP Vijayakumar alias Vijay Vasanth on Monday gave an adjournment motion notice in Lok Sabha and urged discussion of the pressing issue of removal of the Goods and Services Tax (GST) on agricultural products and essential food items.
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"Modi govt preparing to collect more money through Gabbar Singh tax": Rahu
Updated : 1 year, 5 months ago IST
Congress leader and Lok Sabha Leader of Opposition, Rahul Gandhi lashed out at the Bharatiya Janata Party-led Centre on Friday, alleging that it is planning to raise the GST slab on clothes priced above Rs 1500, from 12 per cent to 18 per cent, and accused it of burdening the poor and mid
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