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 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.
Upon a query on whether the government proposes to reduce GST slabs on aforesaid items, the Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council, which is a constitutional body comprising member
New Delhi [India], July 29 (ANI): Opposition MPs continued their 50-hour day-night sit-in protest on Friday morning in front of the Mahatma Gandhi statue inside Parliament premises to mark their strong protest against their suspension and the central government which they claimed was not rea
New Delhi, July 28 (ANI): Suspended Opposition MPs spent Wednesday night in the Parliament complex beneath an open sky in shifts to mark their strong protest against the central government which they claimed was not ready to hold discussion over key issues like price rise and increased GST r