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GST Council meeting

GST COUNCIL MEETING NEWS

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?

With a tight timeline for October rollout, GST Council to hold 2-day meeting on September 3-4

August 23, 2025 5:02 am

Council to hold item-wise discussion next-gen reforms; states to raise revenue loss concerns

Niti Aayog and a deepening federalism

June 04, 2025 12:07 pm

NITI Aayog has pushed for improving socioeconomic parameters of backward regions and enhanced fiscal federalism

GST Council to meet soon to discuss rate rationalisation, future cess levy

May 24, 2025 1:59 am

The Group of Ministers on rate rationalisation had sought more time to discuss the proposal to tweak rates on as many as 148 items

55th GST Council meeting: Andhra makes special demand for extra 1% GST levy for disasters, opens floodgate of demands by other states

December 23, 2024 9:04 am

The demand for additional GST levy for disasters, broadly on the same lines as an earlier flood-cess levy by Kerala in 2019, was discussed in detail in the Council, Finance Minister Nirmala Sitharaman said after the Council meeting.

Lower GST on food delivery, insurance premiums deferred as fresh row erupts over multiple GST rates on popcorn varieties

December 23, 2024 9:09 am

No GST on bank/ NBFC penal charges, gene therapy gets exemption, that on fortified rice kernels cut to 5% from 18%

Agenda for 55th GST Council meeting: Focus on lowering GST burden on people-centric items, hike likely for high-end watches, shoes

December 21, 2024 10:49 pm

The Council is also expected to take up another key item for discussion that has remained outside the ambit of GST — aviation turbine fuel

GST Council to discuss rate rationalisation on September 9, final decision later: FM Sitharaman

August 28, 2024 6:02 am

Last week, the reconstituted GoM on rate rationalisation, headed by Bihar’s Deputy Chief Minister Samrat Chaudhary, had met for the first time and broadly agreed to not make any changes with the existing slabs in the indirect tax regime.

GST Council to meet on September 9, rate rationalisation talks likely to be on table

August 14, 2024 8:20 am

In September 2021, the GST Council had set up a GoM to examine rate rationalisation. The committee had submitted an interim report in June 2022.

Facing GST heat | A telling pattern: In pharma, different firms buy electoral bonds on same days

March 15, 2024 7:09 am

Incidentally, in March 2022, the Directorate General of Goods and Services Tax Investigation (DGGI) had started a probe against several pharmaceutical companies for alleged tax evasion including Glenmark Pharma, Cipla, Mylan and Aurobindo Pharma.

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