"I have two requests to the Prime Minister - Now in this country, the loans of any rich billionaire will not be forgiven, a law should be made for this. This is a big scandal. If loans are to be forgiven, then loans of the middle class should be forgiven. Everyone's home loan, and vehicle
In a landmark meeting, they passed a unanimous resolution urging the Group of Ministers (GoM) to abandon its proposal to modify Goods and Services Tax (GST) rates in the garment sector and retain the existing structure of 5 per cent and 12 per cent.
Congress leader Ranjeet Ranjan on Tuesday slammed the government over the move to have three different GST rates on popcorn and said people were already reeling under high prices and an effort is being made to divert from real issues.
The GST rate on popcorn remains unchanged following the recent GST Council meeting. A request from the State of Uttar Pradesh sought clarification regarding the classification and GST rate applicable to popcorn mixed with salt and spices.
Arvind Kejriwal said that the central government is "crushing" the dreams of middle-class people and that the BJP government is only working for the rich and the industrialists.
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.
Tamil Nadu Chief Minister MK Stalin slammed Union Finance Minister Sitharaman after an owner of Coimbatore reportedly apologised to Sitharaman over asking a question relating to GST and said that the Finance Minister has "handled the way in a shameful manner."
The GST Council that met on Monday decided to reduce the GST rate on certain cancer drugs from 12 per cent to 5 per cent, aimed at reducing the overall cost of cancer treatment.
Union Civil Aviation Ministry has announced a uniform 5 per cent Integrated Goods and Services Tax (IGST) rate on all aircraft and aircraft engine parts, effective from July 15th, 2024, according to a press release of Ministry of Civil Aviation.
Union Finance Minister Nirmala Sitharaman shared a post on social media on Monday highlighting the two recent achievements in the Goods and Services Tax (GST) architecture.