Goods and Services Tax
GOODS AND SERVICES TAX NEWS
Sensex, Nifty surge over 1% each as GST rationalisation boosts sentiment
September 04, 2025 10:52 am
Nifty-Sensex Today, GST council tax slabs: The BSE’s Sensex surged 1.01 per cent, or 888.96 points, to open at 81,456.67, compared to the previous close of 80,567.71. The broader Nifty rose 1.07 per cent, or 265.7 points, to open at 24,980.75.
GST rate rationalisation proposals before the Council: which items could see lower or higher taxes
September 04, 2025 3:50 pm
GST Council meeting updates, items lower higher GST: The Centre’s proposal for GST reforms seeks to undertake structural reforms for correcting inverted duty correction, resolution of classification issues, rate rationalisation by reducing taxes for common-use items and aspirational goods, reduction of slabs and subsuming compensation cess, and streamlining the processes for registration, returns and refunds.
GST on health, term insurance may be scrapped or cut to 5%
August 19, 2025 10:49 am
GST on Health Insurance Premium: The long-anticipated reduction in GST on insurance is under active consideration by the government, although it is expected to result in annual revenue loss of approximately Rs 17,000 crore, said a source.
India’s bottom 50% of consumers face same GST burden as mid-30%, finds study | Here’s how much top 20% pay
July 24, 2025 6:46 pm
According to the study, the Goods and Services Tax is “moderately progressive” and has had positive redistributive effects as post-tax consumption inequality declined.
Cash, UPI-based trade by unregistered, small biz under fresh GST scrutiny
July 18, 2025 8:28 am
While some states like Karnataka have sent a spate of notices to such unregistered vendors and small businesses, other states are also in the process of sending similar notices, sources said.
GST reforms: Home Minister Amit Shah set to open talks for consensus on rate rationalisation
July 14, 2025 8:54 am
Contentious issues on table, require Central ministries and states on board.
Gujarat bogus billing ‘scam’: SGST dept gets 3-day remand of accused
December 07, 2024 1:16 am
On December 3, the SGST Department had arrested Pragnesh Kantariya, a partner of M/s Infinity Exim for GST evasion in excess of Rs 34 crore.
Held in GST evasion case, journalist Mahesh Langa now booked for ‘possession of confidential documents’
October 23, 2024 7:59 am
Langa, a senior assistant editor with The Hindu, was booked on charges of possession of documents related to the Gujarat Maritime Board (GMB), said Ravi Teja Vasamsetty, Superintendent of Police (SP), Gandhinagar.
After GST notice for FY18-22 to Infosys, DGGI withdraws demand of Rs 3,898 crore
August 04, 2024 12:23 am
The DGGI had slapped a Rs 32,403 crore notice on Infosys for services availed by the company from its overseas branches over a five-year period starting 2017.
Karnataka GST notice withdrawn, will respond to DGGI: Infosys
August 02, 2024 7:36 am
The DGGI has slapped a Rs 32,403 crore notice on Infosys for services availed by the company from its overseas branches over a five-year period starting 2017.
GOODS AND SERVICES TAX VIDEOS
Goods and Services Tax Network Rejects CAG's Request To Appoint Auditor
June 22, 2020 7:11 pm
Budget Session: Naidu says ready to discuss all issues
February 22, 2016 2:50 pm
New Delhi, Feb 22 (ANI): Briefing the media after the all-party meet, Union Minister for Parliamentary Affairs M. Venkaiah Naidu on Monday said today's meeting helped to build consensus to make parliament function smoothly. He added that some people wanted to discuss governor's issue, agriculture crisis, Jat reservation whereas some people suggested the Goods and Services Tax (GST) to be the top priority. He cleared the air by saying that they are ready to discuss all the burning issues.
The logic for increasing the service tax rate is the move towards GST: Arvind Subramanian
March 09, 2015 10:11 am
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