Page 2 - Gst Council Meeting

Top headlines: GST Council meet to begin today, Vedanta turns to LIC & more

The two-day Goods and Services Tax (GST) Council meeting, which begins today in Chandigarh, is likely to be action-packed

Punjab likely to lose Rs 15K crore in FY23 as GST compensation ends

At the Council meeting in Chandigarh, states may call for extending compensation deadline

Top headlines: Fantasy games may be taxed at 28%, input tax credit & more

The exposure of debt mutual fund (MF) schemes to certificates of deposit (CDs) issued by banks has more than doubled in the past year

Fitment committee rejects demands to reduce GST rate on over 200 items

The Council unlikely to decide on taking crypto assets in next week's meeting in Chandigarh.

Indian economy: Not just a twin but a triple-deficit problem looms

While the twin deficit problem of widening fiscal and current account deficits has been spoken about, a third problem of widening deficit in the states also stares the Indian economy in the face

GST panel to submit interim report on exempted items, may prune list

No decision on rate rejig; to meet again for further deliberation

47th meeting of GST Council to be held on June 28-29 in Srinagar: FinMin

The meeting assumes significance as it is expected to discuss the report of the panel of state ministers on rate rationalisation and also the tax rate on casinos, race courses and online gaming

April GST mop-up notwithstanding, Rs 1.5 trn a month may not happen in FY23

CBIC to focus on scrutiny of returns and audit for better compliance during current fiscal; finance ministry official sceptical, says April usually has high collection due to payment of arrears

GST Council meeting unlikely this month as some issues couldn't be taken up

Currently, GST is a four-tier structure attracting tax rates of 5, 12, 18, and 28 per cent

GST Council may consider raising lowest slab to 8%, rationalise tax slabs

The GST Council in next meet may look at raising the lowest tax slab to 8%, from 5%, and prune the exemption list in the GST regime

FM Nirmala Sitharaman to chair 46th meeting of GST Council today

Union Finance Minister Nirmala Sitharaman will chair the 46th meeting of the GST Council in New Delhi today.Union Ministers of State in the Ministry of Finance, Pankaj Chaudhary and Dr Bhagwat Kishanrao Karad will also attend the meeting."FM Smt @nsitharaman will chair the 46th meeting of the GST Council in New Delhi, tomorrow. The meeting will be attended by MoS for Finance @mppchaudharyand @DrBhagwatKarad, besides Finance Ministers of States and UTs and Senior officers from Union Government and States," tweeted the Ministry of Finance on Thursday.This meeting holds importance ahead of the Union Budget which is presented on the first day of February by the Finance Minister in Parliament. This will be the fourth budget of the Prime Minister Narendra Modi-led NDA government in its second tenure.On Thursday, Nirmala Sitharaman chaired the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) for Union Budget 2022-23 in Delhi.The meeting ..

What does the industry expect from upcoming GST council meet?

The Centre is likely to convene GST Council meeting next month. On the agenda will be a rationalisation of taxes and inverted duty structure for certain goods. Find out what to expect from the meeting

TMS Ep63: GST council meet, Ikea India CEO, markets, MF Central

What's the expectation from upcoming GST council meet? How does Ikea India CEO Peter Betzel plan to expand? Where are global equities headed next year? What is MF Central? Find all answers here

CBIC issues useful GST clarifications

CBIC says a company incorporated in India and a body corporate incorporated by or under the laws of a country outside India are separate legal entities

Swiggy, Zomato to pay GST on restaurant service supplied through them: FM

Sitharaman said 5% GST will be levied at the point where the delivery is made by Swiggy-like operators

FM Nirmala Sitharaman to chair 44th GST Council meeting today

44th meeting of the Goods and Services Tax (GST) Council today is expected to take a decision on relief in respect of Covid-19 related individual items based on the report of Group of Ministers

More misses than hits

GST Council should have addressed pressing issues

Rate changes to e-invoicing: 5 things to know about GST council meet today

Meeting is likely to exempt government departments and local authorities from e-invoicing.

Bringing petroleum products under GST will be a good move, says CEA

He, however, said the decision will have to be taken by the GST council

With complications whittled down, the GST system has come of age

True, there are still a lot of niggling issues. But the major pain points have been mostly addressed