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GST Council meeting begins tomorrow, overhaul to simplify tax slabs
Updated : 5 months, 3 weeks ago IST
The 56th meeting of the Goods and Services Tax (GST) Council is set to begin in the national capital tomorrow, spanning two days from September 3 to 4.
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Indian Medical Association supports government's GST relief on essential m
Updated : 7 months ago IST
The Indian Medical Association (IMA) has welcomed the Goods and Services Tax (GST) Council's decision to reduce GST on several cancer-related and other essential medicines, calling it an essential move to make healthcare more affordable for millions of patients across India. The association
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GST Council to hold 56th meeting on September 3-4 in Delhi
Updated : 7 months ago IST
The GST Council is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.
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GoM backs Centre's proposal to scrap 12% and 28% GST slabs: Samrat Choudha
Updated : 7 months, 1 week ago IST
Bihar Deputy Chief Minister Samrat Choudhary on Thursday said that the Group of Ministers (GoM) has extended its support to the Centre's proposals to eliminate the 12 per cent and 28 per cent slabs under the Goods and Services Tax (GST) structure.
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GoM proposes exempting GST on health, life insurance for individuals
Updated : 7 months, 1 week ago IST
Finance Minister Nirmala Sitharaman on Wednesday addressed the Group of Ministers (GoMs) constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation at Vigyan Bhawan.
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Govt fiscal deficit may widen by 0.2% due to GST changes, but growth gains
Updated : 7 months, 1 week ago IST
The government's fiscal deficit could see a short-term increase due to proposed changes in the Goods and Services Tax (GST) structure, but the growth boost is expected to outweigh the temporary slippage, according to a report by Emkay Research.
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FICCI hails PM's GST reforms announcement, says will reduce tax burden on
Updated : 7 months, 1 week ago IST
Industry body FICCI has welcomed Prime Minister Narendra Modi's address to the nation on the occasion of 79th Independence Day, which highlighted the need for all stakeholders to work together towards making India a self-reliant economic powerhouse.
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GST collection rises 6.2% YoY to over Rs 1.85 lakh crore in June
Updated : 8 months, 4 weeks ago IST
In the month of June, collections of Central-GST, State-GST, Integrated-GST, and cess all rose year-on-year.
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GST collections hit record high in April with Rs 2.37 lakh crore, up 12.6%
Updated : 10 months, 4 weeks ago IST
The Gross Goods and Services Tax (GST) collections for March 2025 surged 12 per cent, standing at Rs 2.37 lakh crore during April, marking an all-time high for collections.
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GST Council seeks revenue growth without public burden: Finance Minister
Updated : 11 months, 4 weeks ago IST
Speaking at the launch of the 'NITI NCAER States Economic Forum' portal in New Delhi, Sitharaman highlighted the balanced approach taken by the GST Council, where finance ministers from various states work together to increase revenue without overburdening citizens.
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Centre nominates Uttarakhand FM Agarwal as member of GOM to impose special
Updated : 1 year ago IST
The GST Council has constituted a group of ministers to impose a special disaster cess in case of a natural calamity in a state
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FICCI urges government to increase Capex by 15 per cent in the Union Budge
Updated : 1 year, 2 months ago IST
Reforms in sectors, particularly land, labour, and power, are critical for long-term growth. FICCI proposes creating inter-state institutional platforms similar to the GST Council to facilitate consensus-building and advance reforms in these areas.
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