Gst Council Meet

GST Council to discuss compensation for states for third time tomorrow; decision on setting up group of ministers likely

In its previous meeting last week, the Council had decided to extend the surcharge on taxes on luxury goods beyond June 2022 but failed to reach a consensus on ways to compensate states for loss of tax revenue

States should stand firm, reject Centre's options on GST compensation, says P Chidambaram

The former finance minister said the states should not borrow as the liability to provide GST compensation as well as the onus to find resources fall on the Centre

Stormy GST Council meet likely today; non-BJP states to oppose Centre's borrowing options

Chief Ministers of six non-BJP ruled states — West Bengal, Kerala, Delhi, Telangana, Chhattisgarh and Tamil Nadu – have written to the Centre opposing the options which require states to borrow to meet shortfall

41st GST Council meeting: As fund crunch deepens, states likely to corner Centre over pending compensation

Ahead of the meeting today, chief ministers of Opposition-ruled states got together on Wednesday to devise a common strategy on the issue

GST Council doubles tax on caffeinated beverages, slashes hotel tariffs; takes in-principle decision to link Aadhaar with registration

The tax changes came on a day the government announced big bang reduction in corporate tax rates to boost private investments and pull the economy out of a six-year low growth and a 45-year high unemployment rate.

Corporate tax cut: Nirmala Sitharaman silences doubters, changes perception around the state of the Indian economy

Until yesterday, Nirmala Sitharaman was being criticised for not having the vision and ability to be at the helm of finance ministry.

Nirmala Sitharaman slashes corporate tax to 22%; govt to forego Rs 1.45 lakh cr per year after levy cut, other relief measures

Sitharaman proposes to slash corporate tax for domestic firms, new local manufacturing cos through an ordinance.

Daily Bulletin: GST Council to hold meeting; Congress set to name 50 candidates for Maharashtra polls; day's top stories

Here are today's top stories: GST Council to meet today, expected to take call on tax rate cut amid slowdown; Amit Shah to chair meeting of Northern Zonal Council in Chandigarh on today; day's top stories and more

GST Council Meet today: Focus on revenue protection, boost for economic growth; no major tax rate cuts likely

The GST meeting will be closely watched as it could help investors gauge the government’s seriousness in reviving growth in Asia’s third-largest economy

GST evasion: 10% of profiteered amount as penalty is draconian when the concept of profiteering itself is nebulous

The Narendra Modi government’s obsession with foiling profiteering under the Goods and Services Tax (GST) law is going on unabated.