GST Council
GST Council gives nod to 20 per cent cashback on BHIM payment
Goyal said that software backbone for the incentive will be set up and then those states who are interested can launch the pilot project.
Recent GST rate cut credit negative, says rating agency Moody's
GST Council, last week cut tax rates on white goods as well as various handicrafts items and paints.
States to reach out to traders, industry to list out GST grievances
Council has already allowed companies with turnover of up to Rs 5 crore to file GST returns quarterly.
GST rate cut to boost consumer durables sales this festive season
The government also had reduced the GST rate of paints from 28 per cent to 18 per cent.
Consumer durables, FMCG stocks surge up to 10 pc on GST rate cut
The GST Council on Saturday cut tax rates on 88 items, including footwear, refrigerator, washing machine and small screen TV.
Govt revenue to drop by Rs 15,000 crore annually on GST rate cut
According to the interim finance minister Piyush Goyal, the revenue loss will be negligible.
Govt cuts sales tax across sectors to ease pain of traders and consumers
Revenue collections from GST are a crucial pillar of government’s plan to cut its fiscal deficit.
Sanitary napkins now exempted from GST
To promote tourism, now 28 per cent tax will be applicable only when the hotel bill is Rs 7,500 or above.
GST Council exempts sanitary napkins from taxation
The plea to exempt sanitary napkin from GST has been going on for a long time.
GST Council may bring natural gas, jet fuel under GST this week
However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.