GST council

GST COUNCIL NEWS

Pan masala packs must now display retail price, says govt

December 03, 2025 5:50 pm

The amendment, notified through GSR 881(E), will come into force on February 1, 2026, an official statement said.

Far before the current GST reforms, we flagged the issues. The government didn’t listen to us

September 21, 2025 1:07 pm

To restore credit where credit is due, I reproduce key extracts from the main dissent note that we sent to the Select Committee

GST 2.0 will be a catalyst for an inclusive Atmanirbhar Bharat

September 21, 2025 12:39 pm

By advancing simplicity, it will drive economic growth. Along with other structural reforms, the tax regime is part of a broader push to position India as a competitive and stable production base amid global volatility

What new GST rate doesn't get: Bidis aren't a 'merit' good

September 16, 2025 6:38 pm

Scientific evidence confirms that bidis are as harmful as—and often more harmful than—cigarettes. Keeping bidis cheaply available under the guise of being 'progressive' entrenches inequity by amplifying health and economic losses among the poor

Knowledge Nugget: What is GST Council, and what were key decisions taken during its 56th meeting? Here's everything you need to know for UPSC exam

September 06, 2025 6:01 pm

UPSC current affairs: New GST rates introduced in the 56th meeting of the GST Council simplified GST into a two-slab structure. What were the key decisions of the meeting? What is the GST Council? What is the Compensation Cess?

Following GST Council’s change in slabs, Cheema says Punjab will face losses up to Rs 6,000 cr annually

September 05, 2025 3:29 am

The GST Council’s decision on Wednesday has scrapped the 12 per cent and 2 8 per cent slabs, moving most goods to lower tax brackets. Punjab’s Finance Minister Harpal Singh Cheema said that this could cost the state a drop in revenue by 20 per cent. 

With GST 2.0, bonanza for consumption and investment

September 04, 2025 2:22 pm

The government and RBI have set the right preconditions for growth: The former through the fiscal incentives on income tax and GST and the latter on interest rates

A stitch in time: Why a simpler GST is the right strategy for India’s textile sector

September 03, 2025 1:20 pm

If industry gains from the elimination of refund bottlenecks and reduced tax burdens, these benefits should flow into lower retail prices, particularly in mass-market segments

Top News Headlines for School Assembly (August 25): India test integrated air defence weapon system, GST council meeting from Sept 3

August 26, 2025 12:14 pm

Here are the top school assembly news headlines for today, August 25. These updates cover National, International, Sports, and Business news to help students stay informed and confident while presenting in their school morning assembly.

GoM backs Centre’s plan for GST rate rationalisation; states raise revenue loss concerns

August 22, 2025 2:11 am

Six days ago, Prime Minister Narendra Modi, in his Independence Day address, announced the next big phase of reforms under the GST regime by Diwali, a gift for the common man, small entrepreneurs and MSMEs, in terms of reduced tax burden.

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