The Ministry of Finance posted on X, "Union Finance Minister @nsitharaman chairs the 54th meeting of the GST Council, at Sushma Swaraj Bhawan, in New Delhi, today. Along with the Union Finance Minister, Union Minister of State for Finance @mppchaudhary ; Chief Ministers of Goa and Meghala
Aam Aadmi Party leader and Delhi Minister Atishi on Monday said that if GST is implemented on research grants that institutes recieve then the Delhi government and the Punjab government will strongly oppose it during the 54th meeting of the GST Council.
Delhi Minister Atishi on Sunday said that the central government would table a proposal to tax any online payments below Rs 2,000 done through payment gateways at 18 per cent, at the GST Council meeting scheduled for Monday.
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to GDP is picking up, a trend reminiscent of the pre-pandemic era.
On the occasion of Teacher's Day, Alakh Pandey, founder and CEO of Physics Wallah, urged the government to reduce the Goods and Services Tax (GST) on the education sector and called for edtech companies to operate as non-profit organizations.
An unemployed youth from Muzaffarnagar was unwittingly involved in a Rs 250 crore GST e-way billing scam after his personal information was used to create a fake company and bank account.
After the GST collection for the August showed a month-on-month decline in growth terms, the economic experts pointed out that the decline on month-on-month growth basis is not an appropriate way of looking at the numbers in view of the buoyancy in both direct and indirect taxes.
Goods and Services Tax (GST) collections in August, in gross terms, were at Rs 1.74 lakh crore, with a yearly jump of 10 per cent, data showed on Sunday.
Earlier, vehicle owners were required to pay an annual fee of Rs 1,200 plus 18 per cent GST, amounting to a total of Rs 1,416. The exemption will benefit approximately 1.5 lakh public vehicle owners across Delhi.