The GST Council made several decisions, including waiving tax on gene therapy and reducing the levy on fortified rice kernels, but deferred a call on lower rates for health and ter...
The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...
Union Finance Minister Nirmala Sitharaman announced that states have rejected the proposal to include aviation turbine fuel (ATF) within the GST framework during the 55th GST Counc...
The GST Council meeting in Jaisalmer has revised tax rates, increasing the GST on used cars to 18% and adjusting rates for popcorn and fortified rice kernels.
The GST Council's proposal to lower insurance rates faces resistance from several states, fearing revenue loss. The potential impact on the middle class remains uncertain.
The GST Council is expected to clarify a 5% levy on food delivery charges by apps like Zomato and Swiggy, applying retrospectively from 2022. This move addresses a tax demand of ar...
