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tax rate

Milk, AC, life insurance and others to become cheaper from Sept 22 | Details

GST on common items of daily use, such as hair oil, toilet soap bars, shampoos, toothbrushes, and toothpaste have been reduced 18% or 12% to 5%
Published on Sept 04, 2025 12:54 pm IST

Removal of GST 12% and 28% slabs okayed by key panel; up to council for decision

(From right) Union finance minister Nirmala Sitharaman and MoS Pankaj Chaudhary at a meeting of the Group of Ministers (GoM) in New Delhi. Bihar FM Samrat Choudhary is the convener of the GoM.
Updated on Aug 21, 2025 11:01 pm IST

GST Council hikes tax on used, old EV cars by businesses; Opposition reacts

Union finance minister Nirmala Sitharaman speaks at the 55th meeting of the GST Council in Jaisalmer on Saturday.
Updated on Dec 22, 2024 07:02 am IST

GST Council rejigs rates, defers call on insurance

Union finance minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer on Saturday. (PTI)
Updated on Dec 22, 2024 05:03 am IST

GST Council postpones decision to cut tax on life and health insurance

Revenue Secretary Sanjay Malhotra attends a GST Council meeting with Union Finance Minister Nirmala Sitharaman at Vigyan Bhawan, in New Delhi. The Appointments Committee of the Cabinet has appointed Malhotra as the the new Governor of the Reserve Bank of India (RBI) for a three-year term beginning from December 12, 2024.
Published on Dec 21, 2024 01:47 pm IST