Gst Council-meet

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Gst Council-meet - Total results - 42
GST concessions 'too little, too late', says CPI; claims 8 out of 27 items' tax reduced exist only in Gujarat
Politics

GST concessions 'too little, too late', says CPI; claims 8 out of 27 items' tax reduced exist only in Gujarat

CPI also demanded that all taxes on petrol and diesel should be done away with and be brought under the GST within a reasonable slab.

GST Council meet: Three months on, govt slashes rates on 27 goods, relief for SMEs, exporters
Business

GST Council meet: Three months on, govt slashes rates on 27 goods, relief for SMEs, exporters

The GST Council on Friday made sweeping changes to give relief to small and medium businesses on filing and payment of taxes

GST Council meet as it happened: Exemption for exporters till 31 March, says Arun Jaitley
Business

GST Council meet as it happened: Exemption for exporters till 31 March, says Arun Jaitley

Many companies also want the government to increase the size of turnover imposed before they must start filing returns.

GST: Higher cess on  mid-sized sedans, luxury cars, sport utility vehicles to be effective today
Business

GST: Higher cess on mid-sized sedans, luxury cars, sport utility vehicles to be effective today

Cess on small petrol and diesel cars, hybrid cars and those carrying up to 13 passengers has not been hiked

GST Council lowers tax rates for 66 items; movie tickets, pickles, mustard cheaper
Business

GST Council lowers tax rates for 66 items; movie tickets, pickles, mustard cheaper

New Delhi: Tax rates on certain kitchen items like pickles and mustard sauce, as well as movie tickets costing up to Rs 100 have been lowered as the Centre and states Sunday reduced levies on 66 items.

GST Council to meet on 11 June to review rates, amend rules
Business

GST Council to meet on 11 June to review rates, amend rules

This will be the 16th meeting of the Council, chaired by FM Arun Jaitley and comprising state counterparts, since it was set up in September 2016.

GST rate for gold fixed at 3%, biscuits 18%, bidis 28%; states, except West Bengal, agree to 1 July rollout
Business

GST rate for gold fixed at 3%, biscuits 18%, bidis 28%; states, except West Bengal, agree to 1 July rollout

New Delhi: Footwear below Rs 500 will be taxed at 5 percent under the Goods and Services Tax, while the rest would be in the 18 percent bracket once the new regime is rolled out from 1 July.

GST Council to fix tax rate on gold and other commodities today; jewellers on toes
Business

GST Council to fix tax rate on gold and other commodities today; jewellers on toes

This will probably be the last meeting of the GST Council before the implementation of the new tax regime from 1 July

GST Council: Cheaper rates for daily items offer good news for common man; no unpleasant surprises so far
Business

GST Council: Cheaper rates for daily items offer good news for common man; no unpleasant surprises so far

The MPC and RBI waiting for the rate structure to chart their future roadmap on inflation battle

GST Council Srinagar meet: Sugar, tea, coffee and edible oil in 5% tax bracket
Business

GST Council Srinagar meet: Sugar, tea, coffee and edible oil in 5% tax bracket

Milk and cereals will be among the exempted category, Revenue secretary Hasmukh Adhia said

Crucial GST Council meet starts in Srinagar today, to decide tax rate for items from salt to luxury cars
Business

Crucial GST Council meet starts in Srinagar today, to decide tax rate for items from salt to luxury cars

The GST will replace 16 current levies -- seven central taxes like excise duty and service tax and nine state taxes like VAT and entertainment tax

Council clears State, Union Territory GST laws; cap sin goods cess at 15%
Business

Council clears State, Union Territory GST laws; cap sin goods cess at 15%

Jaitley also said that the cess on sin (tobacco products) and luxury goods has been capped at 15 percent by the Council.

Taxes under GST 'to increase a bit': Central Board of Excise and Customs chairman
Business

Taxes under GST 'to increase a bit': Central Board of Excise and Customs chairman

Apart from the tax rates, there will also be a cess on top of it, which will form the corpus to compensate the states for any revenue loss for the first five years of implementation of GST.

Two-day GST Council meet begins tomorrow: What you need to expect
Business

Two-day GST Council meet begins tomorrow: What you need to expect

The draft compensation bill has already been approved in the Council's 18 February meeting

Recent GST Council's decisions not in national interest: IRS officers body
Business

Recent GST Council's decisions not in national interest: IRS officers body

The association has asked the Finance Ministry to look into the serious concerns of IRS(C&CE) to raise the morale of officers of such large cadre, the officers said.

Two-day GST Council meet to end today: Key points over the vexed dual control issue
Business

Two-day GST Council meet to end today: Key points over the vexed dual control issue

The council headed by Finance Minister Arun Jaitley, which is meeting for the seventh time so far, will also take up the dual control issue and try to iron out differences on the vexed issue of jurisdiction over assessees in the new indirect tax regime

GST Council to discuss crucial issue of dual control on Friday
Business

GST Council to discuss crucial issue of dual control on Friday

The solution to the critical issue has eluded consensus over six previous meetings of the GST Council.

No consensus at GST Council, next meet on 11-12 December: Kerala FM
Business

No consensus at GST Council, next meet on 11-12 December: Kerala FM

The GST Council on Saturday failed to reach consensus on the contentious issue of dual control and will meet again on 11 and 12 December to hammer out the differences.

GST to be less regressive with lower tax band at 5%: Experts
Business

GST to be less regressive with lower tax band at 5%: Experts

A zero tax on daily necessities as well as lower rate of 5 percent for items of mass consumption will make the new Goods and Services Tax regime, to be rolled out from April next year, less regressive, tax experts said.

Gradually come down to 1 or 2 rates of GST: India Inc
Business

Gradually come down to 1 or 2 rates of GST: India Inc

India Inc today suggested the government to gradually come down to "one or two" rates of the Goods and Services Tax (GST)