Page 4 - Gst Council Meet

New political landscape leaves BJP at mercy of others in GST Council

The party controls 15 states and is short of the 75% vote share needed to pass decisions

FinMin asks GST Council to form grievance redressal mechanism for taxpayers

The proposal in this regard was approved last week by the GST Council

In a first, GST Council votes, states say Centre close to sovereign default

In the Council meeting, the panel resorted to voting to decide whether a uniform tax on lotteries should be levied or a two-rate system be followed.

GST Council fixes 28% uniform tax rate for lottery effective March 2020

The panel also relaxed levy of penalty for non-filing of GSTR-1 from July 2017

GST Council may crack down on fraudulent invoices, input tax credit refunds

The law committee has proposed blocking of input tax credit for errant businesses "with the intent to safeguard government revenue''

Don't tinker with GST rates: Amit Mitra to Sitharaman ahead of Council meet

West Bengal finance minister says Council should find ways to help the industry tide over present crisis

GST Council meet may turn stormy over states' cess; Rs 50k-cr dues pending

The Centre has, so far, not given any definite timeline for making the pending compensation cess payments to states, thereby triggering a face-off between the two sides

GST council may hike rates for various items to meet revenue shortfall

The Council can explore possibility of merger of slabs to bring down the number of slabs to three, sources said.

Key decisions likely to be taken at the GST Council meeting on Friday

The Council may reset the GST rates on automobiles, hotels, biscuits, matchsticks and outdoor catering services. Listen to the podcast to know more

GST Council to review revenue position amid demand for pending compensation

The compensation requirements have increased significantly and are unlikely to be met from the compensation cess being collected, it said

Taking tourism to greater heights

The decision of the GST Council to slash tax on room rates for hotels across price-points is a sign of better things to come

GST council meet: Hotel owners and operators cheer tax reduction

Removal of compensation cess on all manufacturers of aerated drinks brought some breather for beverage majors

Serious revenue issues to arise for states after FY22: Bengal FM Amit Mitra

States' developmental expenditure has gone up from 40 per cent to 60 per cent. There is a huge burden on states

GST Council meet: In-principle decision to link Aadhaar with registration

The council also decided to a withdraw a circular issued in June which prescribed that the additional discount given by a company to a dealer in certain cases will be liable for Goods and Services Tax

GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffs

Exemption from the GST has been given to imports of specified defence goods that are not manufactured in India

GST rate cut on hotel room tariffs: Key takeaways and announcements

GST on railway wagons, coaches increased to 12% from 5%

Stocks to watch: YES Bank, Axis Bank, PSBs, autos, ZEE, Adani Group cos

Here's a look at the top stocks that may trade actively in today's trading session.

Top 10 business headlines: Loan 'melas', GST Council meeting, and more

From crucial GST meeting to PSBs holding public meeting for loans, here are the top news headlines on Friday

Top events today: GST Council meet, Vivo V17 Pro launch, and more

From GST Council meet to Vivo V17 Pro launch in India, here are some of the most important news events scheduled for today

GST Council meeting to take call on tax rate cut on Friday amid slowdown

There have been demands pouring in from various sectors - from biscuits to automobiles and FMCG to hotels - to reduce tax rates in the wake of economic slowdown