Articles about GST Council
12 Jun 2021
GST Council meeting: No tax for COVID-19, black fungus medicines
The Goods and Services Tax (GST) Council on Saturday decided to waive taxes on select items essential in the fight against COVID-19 such as medicines and certain equipment.
14 Mar 2020
Mobile phones to get more expensive; GST council raises tax
Mobile phones are expected to become more expensive as the government has raised the rate of Goods and Services Tax (GST) on them from 12% to 18%.
21 Sep 2019
GST Council meeting: Push for hospitality; no relief for auto-sector
Union Finance Minister Nirmala Sitharaman addressed the media, following the 37th GST Council meeting in Goa yesterday.
09 Sep 2019
Is auto industry going through worst crisis? Data says yes
As the Indian auto industry undergoes a crisis amid a broader economic slowdown in India, automobile sales dropped sharply in August, the worst decline since 1997-98.
24 Feb 2019
GST rate on affordable housing slashed from 8% to 1%
In a big favor to home buyers, the GST Council, on Sunday, slashed GST on affordable housing to 1%, down significantly from the previous 8%.
04 Jan 2019
Railway ticketing, Aadhaar, GST, more: Major policy changes in 2019
Apart from celebrating endings and beginnings, and cooking life-amending resolutions, New year is also a good time to look ahead for official policy changes taking place in the coming year.
02 Jan 2019
Important changes in 2019 every Indian should be aware of
The New Year 2019 is finally here and it is now time to know what changes this year brings to our lives.
01 Jan 2019
Reduced GST rates on movie tickets, TVs effective from today
As a new year's gift to the common man, the government has notified a reduction in GST on a host of products and services including movie tickets, TVs, and computer monitor screens.
22 Dec 2018
At GST Council meet, tax rates on 33 items reduced
At its 31st meeting in New Delhi, headed by Union Finance Minister Arun Jaitley, the GST council decided to move 33 items from 18% GST slab to 12% and 5%.
29 Nov 2018
Rajasthan polls: Congress manifesto covers farm-loan waivers, free girl education
Loan waiver to farmers, free education to girls, unemployment allowance of up to Rs. 3,500 to educated youth are among the promises Rajasthan Congress has made in its election manifesto released in Jaipur today.
29 Nov 2018
Need GST Council like federal institution in healthcare, farm-sector: Jaitley
Finance Minister Arun Jaitley today made a case for developing a federal institution like GST Council in the healthcare and farm sector.
10 Nov 2018
#FinancialBytes: 5 best GST software for small businesses
The Goods and Services Tax (GST), introduced on July 1, 2017, is a single-tax regime which must be followed by every registered business in the country.
02 Sep 2018
RTI applicant in MP asked to pay GST for information
An RTI applicant has been asked to pay the Goods and Services Tax (GST) for getting information from the Madhya Pradesh Housing and Infrastructure Development Board in Bhopal under the transparency law.
23 Aug 2018
Arun Jaitley back as Finance Minister, after 3-month break
After a three-month-long hiatus following a successful kidney transplant at the All India Institute of Medical Sciences (AIIMS), Arun Jaitley is finally ready to to take up the reins as the Finance and Corporate Affairs minister again.
09 Aug 2018
GST on more items could be slashed if revenue increases
Finance Minister Piyush Goyal today said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalizes.
01 Aug 2018
Center, industry want petroleum products under GST: Oil Minister Pradhan
The Center and the petroleum industry favor inclusion of petroleum products in the Goods and Services Tax (GST) but the GST Council will take a final call on it, Oil Minister Dharmendra Pradhan said today.
01 Aug 2018
GST collection rises to Rs. 96,483 crore in July
GST collections rose to Rs. 96,483cr in July from Rs. 95,610cr mopped up in the previous month, the Finance Ministry said.
27 Jul 2018
GST-cut: Refrigerators, washing-machines, vacuum-cleaners are now 8-10% cheaper
If you were looking to buy a refrigerator, washing machine, vacuum cleaner or a small-screen TV, now is the time: industry insiders say prices will fall to a two-year low after the biggest GST rate cut since November, that was announced last week.
22 Jul 2018
Now, only 35 goods in highest 28% tax-bracket of GST
The Goods and Services Tax (GST) Council has pruned the 28% slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs, digital cameras, video recorders, dishwashing machines, and automobiles, in the highest tax bracket.
21 Jul 2018
After backlash, sanitary napkins finally exempted from GST
After many protests, the GST Council has decided to exempt sanitary napkins from the tax, confirmed Delhi Finance Minister Manish Sisodia.
01 Jul 2018
GST anniversary: "Gamechanger" or "surgical strike"? Top leaders speak up
One year ago on this day, the country's tax regime underwent a drastic overhaul with the launch of the never-seen-before-in-India Goods and Services Tax (GST).
24 May 2018
Bringing petrol, diesel under GST will lower prices: CM Fadnavis
Fuel prices will come down once the Center builds a consensus to bring petrol and diesel under the Goods and Services Tax (GST), Maharashtra Chief Minister Devendra Fadnavis said.
05 May 2018
GST-returns to be filed monthly, GSTN to go to government
The GST Council took some major decisions in its 27th meeting yesterday. The most important is the introduction of monthly returns filing for most taxpayers, a move that will greatly simplify the current three-step process.
22 Apr 2018
RBI circular barring banking service for cryptocurrencies challenged in HC
The Delhi HC has sought the response of the Centre, the RBI, and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from "providing any service in relation to virtual currencies such as cryptocurrencies."
06 Apr 2018
5% GST levied on food, drinks supplied in trains, platforms
Clearing all doubts about GST on Railway services, the Finance Ministry confirmed a 5% GST would be levied on food and drinks supplied on trains and platforms.
06 Apr 2018
Including fuel-prices under GST will bring in rational tax-mechanism: Pradhan
Amid an uproar over higher fuel rates, Union Petroleum Minister Dharmendra Pradhan on Thursday said the inclusion of petroleum products under the ambit of the GST will bring the products under a rational tax mechanism.
25 Mar 2018
Traders demand phase-wise rollout of e-way bill next month
The interstate e-way bill is going to be introduced from April 1 across India.
15 Mar 2018
GST among most complicated tax-regimes, but has benefits: World Bank
India's new GST regime has the second highest tax rate among 115 countries with similar indirect tax systems, a World Bank report noted.
10 Mar 2018
GST: Inter-state e-way Bill to rollout starting April 1
The Goods and Services Tax (GST) Council announced on Saturday that the inter-state e-way Bill will be rolled-out in a phased manner starting April 1, 2018.
25 Feb 2018
After delays, e-way bills likely to go live from April
Two months after initial plans, the e-way bill system for inter-state movement of goods will likely become mandatory from April 1, reports said.
01 Feb 2018
E-way bill system goes live today: All you should know
The e-way bill regime, devised as a tool to check tax evasion under GST, is rolling out nationwide today.
26 Jan 2018
After decline, GST collections rise to Rs. 86,703cr in December
After falling for two straight months, revenue collections under GST have risen marginally for December. The total collection in December was Rs. 86,703cr.
23 Jan 2018
Fuel prices continue moving higher, govt mulls GST option
Petrol prices in Mumbai crossed the Rs. 80 mark yesterday for the first time since August'14.
18 Jan 2018
GST Council Meet: Rates on 29 goods, 53 services revised
At the 25th GST Council Meeting, convened in New Delhi, the highest decision-making authority on Goods and Services Tax (GST) has revised the tax rates on as many as 29 items and 53 services.
19 Dec 2017
Jaitley: Government ready to include petrol, diesel under GST
FM Arun Jaitley announced that the government is prepared to bring petroleum products like petrol, diesel and LPG under the ambit of the goods and services tax (GST). They are now waiting for states' consensus to go ahead.
16 Dec 2017
GST Council: E-Way Bill system to be implemented from January
To facilitate seamless movement of goods across states, Finance Minister Arun Jaitley-led GST Council has decided to go for an early rollout of the nationwide "electronic-way bill system" under the GST regime.
02 Dec 2017
Government sets up panel to further tweak GST
29 Nov 2017
Despite GST-cut, why are detergents like Surf, Vim still costly?
Earlier in November, the GST Council cut tax rates of more than 200 items in an attempt to make common-use items more affordable for the people.
28 Nov 2017
IAS Sharma appointed as Chairman of National Anti-Profiteering Authority
After the cabinet gave approval to create the posts of chairman and other technical members of the National Anti-profiteering Authority (NAA) under GST, government began the process.
25 Nov 2017
CEA Arvind Subramanian: Fewer GST slabs in the future
India's chief economic advisor Arvind Subramanian said Goods and Services tax (GST) may probably have fewer rates in the future after "collapsing" the 12% and 18% tax slabs into one.