Nov 19, 2019-Tuesday

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Tuesday, Nov 19, 2019

Gst council

Sep 20, 2019 21:41
Briefing reporters after a meeting of the panel, Finance Minister Nirmala Sitharaman said the GST on caffeinated beverages has been hiked to 28 per cent plus additional cess of 12 per cent as against the current rate of 18 per cent. read more
Sep 18, 2019 23:59
No GST is charged on room tariffs below Rs1,000 per day. A 12% tax is levied on tariffs above Rs1,000 but below Rs2,500. An 18% tax is levied on room tariffs between Rs2,500 and 7,500. Rroom rents above Rs7,500 fall in the 28% tax slab. read more
Jul 25, 2019 18:04
The 36th GST Council meeting, which was to be held through video conferencing, had only one item in the agenda and that was to consider Centre’s proposal to slash GST rates to 5 per cent from 12 per cent on e-vehicles. read more
Jun 21, 2019 19:08
The tenure of National Anti-Profiteering Authority (NAA) has been extended by two years till November 30, 2021. read more
Jun 21, 2019 13:11
The 35th meeting of the GST Council and the first under Finance Minister Nirmala Sitharaman will also consider a couple of anti-evasion steps . read more
Jun 17, 2019 07:15
The proposals before the council include compulsory generation of e-invoicing by large companies, validation of e-way bills (electronic permits issued for the movement of goods) with the data generated at toll plazas and geo-tagging of companies, said... read more
Mar 19, 2019 15:45
The all-powerful GST Council Tuesday approved a transition plan for the implementation of new tax structure for housing units, Revenue Secretary A B Pandey said. read more
Feb 24, 2019 07:03
A panel of ministers on real estate sector led by Gujarat deputy chief minister Nitin Patel had suggested bringing down the rates on under-construction properties to 5%, without input credit, from 12% and for affordable housing, 3% from 8%. read more
Jan 26, 2019 23:33
The finance minister said the government had in the last few years made an honest attempt to make the administration more taxpayer friendly, continuously bringing down tax rates and making compliance easier and technology-driven. read more
Dec 22, 2018 23:17
The GST rate cut on about two dozen items came four days after Prime Minister Narendra Modi indicated the trimming of the highest tax slab of 28% after the ruling BJP’s recent election losses in the heartland states of Madhya Pradesh, Rajasthan and ... read more
Dec 22, 2018 21:31
The GST Council, chaired by Union finance minister and comprising his state counterparts, Saturday decided to cut rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks, and exempted frozen and preserved vegetables... read more
Dec 22, 2018 16:58
The GST Council on Saturday tweaked the tax slabs slashing rates on several items. Among the things set to get cheaper are TV sets, monitors and movie tickets. Announcing the slab revamp, Finance Minister said the new GST rates will be effective from... read more
Dec 22, 2018 15:34
The recent statement of Prime Minister Narendra Modi has raised hopes of the middle class, a key constituency that no government can afford to alienate, especially when the General Election is months away. read more
Dec 22, 2018 11:34
GST Council meeting: Among other cuts Union finance minister Arun Jaitley announced were on movie tickets, where those costing up to Rs 100 have been brought down from 18% to 12% and those priced above Rs 100 from 28% to 18%. read more
Dec 22, 2018 10:48
GST council meet highlights: GST Council cut rates on 23 commonly used goods and services, including TV screens, movie tickets and power banks. read more