GST Council Meeting Live Updates: Insurance Tax Issue Deferred
Dec 21, 2024 · Finance Minister Nirmala Sitharaman stated that new electric vehicles (EVs) are taxed at 5% GST. For old EVs sold between individuals, there is no GST. However, if a company sells used EVs or petrol and diesel vehicles, the GST rate on the margin has been increased to 18% by the Council.
55th GST Council Meeting: Nirmala Sitharaman shares key …
Dec 21, 2024 · The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman in Jaisalmer, Rajasthan, introduced several updates to the taxation framework while deferring discussions on GST...
GST Council Meeting Highlights: Nirmala Sitharaman announces GST …
Dec 21, 2024 · GST Council Meeting Highlights: The Finance Minister Nirmala Sitharaman has announced that decision on tweaking GST on insurance products has been deferred. There were expectations of...
GST Council Meeting Highlights: Sitharaman announces 5% GST …
Dec 21, 2024 · Finance Minister Nirmala Sitharaman, while briefing the media on the outcome of the 55th GST Council meeting, announced that gene therapy has been exempted from Goods and Services Tax (GST).
GST Council hikes tax on used, old EV cars by businesses; …
The Goods and Services Tax Council, headed by Union finance minister Nirmala Sitharaman and comprising representatives of all states and UTs, on Saturday approved an 18 per cent tax on the...
GST council defers tax cut on insurance premiums as Nirmala Sitharaman ...
The Goods and Services Tax (GST) council deferred the decision to cut tax on insurance premiums as many inputs including IRDAI comments on the matter are still awaited, said Finance Minister...
NIRMALA SITHARAMAN GST - The Economic Times
Dec 23, 2024 · Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council meeting. Key agenda items include potential GST exemptions for certain insurance policies and …
Nirmala Sitharaman chairs 55th GST Council Meeting in
Dec 21, 2024 · GST Council Meeting: The current GST slabs of 5, 12, 18 and 28 percent will continue. Additionally, a new slab of 35 percent is likely to be introduced targeting sin goods. Union Finance...
Exclusive | FM Nirmala Sitharaman signals possible GST rate
Sep 16, 2024 · Union Finance Minister Nirmala Sitharaman on Monday (September 16) said the Narendra Modi government is exploring further rationalisation of GST rates to simplify the tax structure and potentially reduce rates.
Nirmala Sitharaman Gst: Latest News, Photos, Videos on Nirmala ...
Aug 8, 2024 · Finance Minister Nirmala Sitharaman on Tuesday said GST officers have detected 21,791 fake GST registrations and over Rs 24,000 crore of suspected tax evasion during a two-month-long special...