GST Council
GST Council fixes 28 per cent uniform tax rate for lottery
The panel also relaxed levy of penalty for non-filing of GSTR-1 from July 2017.
GST Council votes first time, sets 28 per cent rate on all lotteries
The panel voted in favour of a single GST rate of 28 per cent for lotteries.
GST Council to review revenue position, compensation cess on Dec 18
The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.
GST Council to review GST revenue position, compensation cess
The meeting of all powerful GST Council is expected to take place in the second half of this month to deliberate on a host of issues.
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties
The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during 2019-20.
Auto industry has to find its own balance to enhance demand: SIAM
At present, 60 per cent of auto components are taxed at 18 per cent.
In-principle decision to link Aadhaar with GST registration
The GST Council may consider merging the two brackets 12 per cent and 18 per cent to a single bracket.
GST Council leaves auto, biscuits untouched, slaps more levy on colas
The GST Council has decided to reduce rates on outdoor catering to 5 per cent without input tax credit.
GST panel likely to recommend tax cuts on 20-25 products: sources
The proposed GST tax cuts will have limited impact on government revenue.
GST panel unlikely to favour tax rate cut for auto sector: sources
Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to 18 pc from 28 pc.