Tag: GST Council

ET Graphics: India’s AI hardware imports jump 13% to $66.8 billion, US share rises

EconomyOctober 17, 2025

India’s imports of AI-enabling goods rose 13.1% to $66.8 billion in FY25, with the US accounting for 7% of this trade. Imports from the US outpaced exports with just five items accounting for over half...

Mid-cap stock picks: For investors with ability to invest for the medium term: 5 mid-cap stocks from different sectors with upside potential up to...

StocksOctober 17, 2025

Thanks to some real economic reforms in the last three months, the macro picture for the market looks better. There is, therefore, a case to be bullish about select sectors and stocks. At the same...

GST 2.0 to treat more than rate cuts: Revamp to fix classification disputes, duty inversions- What officials say

BusinessAugust 17, 2025

GST (representative image) The proposed revamped goods and services tax (GST) 2.0, developed through extensive consultations, aims to be more comprehensive than...

GST 2.0 to offer treatment for other pain points too

EconomyAugust 17, 2025

The proposed goods and services tax (GST) 2.0, hammered out over months of extensive deliberations, will go beyond the mere reduction of rates....

Next Gen GST set to be ‘game changer’, paves way for single tax slab by 2047: Govt sources

EconomyAugust 16, 2025

Senior government officials on Saturday described the upcoming GST reform as a “game changer”, saying it will replace the current four-tier structure with...

‘No GST on UPI transactions’ Govt clarifies in Rajya Sabha

EconomyJuly 27, 2025

The government is not planning to levy GST on UPI transactions exceeding Rs 2000, the Ministry of Finance clarified in Rajya Sabha." There...

GST Council clears “track and trace” mechanism, cigarettes and pan masala likely first targets

EconomyDecember 23, 2024

Cigarettes are expected to be among the first products brought under a "track and trace mechanism" aimed at curbing tax evasion, following amendments...

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

EconomyDecember 21, 2024

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

EconomyDecember 21, 2024

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

EconomyDecember 20, 2024

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

BusinessDecember 9, 2024

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

EconomyNovember 18, 2024

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