Tag: GST Council

Jefferies said the first signs of a turnaround are emerging for Indian carbon and stainless steel companies, and it’s betting big on Tata Steel and Jindal Stainless to ride the upswing, as the brokerage flagged...
The last significant acquisition by Tata Motors was Jaguar Land Rover (JLR), purchased for $2.3 billion in 2008. In its biggest acquisition ever, Tata Motors is preparing to acquire Italian truck manufacturer Iveco from...

Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twist

The GST Council, led by Finance Minister Nirmala Sitharaman, has clarified the tax treatment of popcorn. It has been decided that pre-packed and...

GST Council ups tax on sale of used cars; says rate on popcorn depends on flavor

The 55th goods and services tax (GST) council meeting is underway in Jaisalmer, where several key decisions are being taken including clarification tax...

GST Council meet: Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cards

The GST Council is expected to discuss lowering tax rates on life and health insurance premiums during its meeting on Saturday. Simultaneously, it...

Revenue secretary Sanjay Malhotra to be next RBI governor

Revenue secretary Sanjay Malhotra (File photo) NEW DELHI: Government on Monday sprung a surprise by naming revenue secretary Sanjay Malhotra, 56, as...

GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan

Union Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council meeting. Key...

Budget home threshold may be hiked to Rs 55 lakh

New Delhi: The group of ministers (GoM) tasked by the Goods and Services Tax Council to look into application of GST for real...

insurance GST: GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance

A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in...

GST relief for foreign airlines, academic institutions

New Delhi: Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head...

GST bodies get power to waive off certain penalties

New Delhi: The government has notified changes to goods and services tax (GST) laws, empowering GST authorities to waive off certain interest and...

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