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Wednesday, June 03, 2020

GST council

GST COUNCIL NEWS

Mobile phones to get costlier as GST Council hikes rates to 18%

March 14, 2020 7:11 pm

The Goods and Services Tax (GST) Council has increased rates on mobile phones and specified parts from 12 per cent to 18 per cent.

In a first, GST Council holds a vote — for 28% uniform lottery tax

December 19, 2019 7:35 am

After the meeting, Union Finance Minister Nirmala Sitharaman, who heads the Council, said “every attempt was made to keep that set tradition alive, every attempt was made to convince based on opinion making in the house”.

GST Council fixes 28% uniform tax rate for state and private lottery

December 18, 2019 10:07 pm

The rate will be effective from March 1, 2020, Revenue Secretary Ajay Bhushan Pandey said after the 38th meeting of the Council.

GST Council to meet on Wed amidst talk of rate hike to meet revenue shortfall

December 17, 2019 6:32 pm

The GST Council headed by Finance Minister Nirmala Sitharaman had sought suggestions from states on review of GST and compensation cess rates on various items, rate calibrations for addressing the inverted duty structure, compliance measures other than those currently under implementation to augment revenue.

Opposition states on GST: Rs 50,000 cr cess lies unutilised, pay us immediately

December 05, 2019 9:46 am

The meeting with Sitharaman comes days after the GST Council informed states that the GST and compensation cess collections in the last few months had become a “matter of concern”.

What state needs is resetting of priorities and restoring of credibility

December 05, 2019 10:33 am

The real problem is not the absence of big bang reform. It is the misdiagnosis over what our priorities should be and where scarce governance resources need to be deployed.

Express daily briefing: Govt likely to clear Citizenship Amendment Bill today; Kerala’s ISIS connection; and more

December 04, 2019 9:16 am

From Sundar Pichai replacing Larry Page as CEO of Alphabet Inc, the parent company of Google to the suspension of a UP clerk for Quran recitation in SDM court, here are the top news today

Letter sent to states: GST Council rings first alarm bells on revenue

December 04, 2019 11:56 am

The GST Council is a Constitutional body chaired by the Union Finance Minister and comprises the Minister of State for Finance/ Revenue and finance ministers of all states. It makes recommendations on all important issues related to the Goods and Services Tax.

PM Economic Advisory Council: Need to set up GST Council-like body for public spending

August 19, 2019 6:42 am

The Prime Minister’s Office and the Finance Minister have been meeting various stakeholders over the last week to discuss the slowdown which is adversely impacting various sectors now.

Boost for electric vehicles: GST Council trims tax on electric cars, chargers to 5%

July 28, 2019 6:59 am

The changes would be effective from August 1. The reduced GST rates for electric vehicles (EVs) are estimated to lead to an annual revenue loss of around Rs 60 crore, officials said.