[ad_1] The much-talked-about GST Council-nominated group of ministers (GoM) on rate rationalisation is set to meet on September 25 in Goa to discuss the way forward on GST rates and several issues, including the treatment of GST on health and life insurance premiums. The GoM’s report will be crucial in setting the agenda for the […]
Gopal Snacks, Bikaji Foods shares rally over 7% after GST Council cuts rates on Namkeen – CNBC TV18
[ad_1] Shares of Gopal Snacks Ltd., Bikaji Foods Ltd., and Prataap Snacks Ltd. rallied over 7% each on Tuesday after the GST Council on Monday announced a revision to the rates on Namkeen. The GST Council on Monday, cut the rate on Extruded Namkeen snacks to 12% from 18% earlier. It must be noted that […]
Decision on 18% GST for payment aggregators deferred; referred to Fitment Committee: Uttarakhand FM – CNBC TV18
[ad_1] The decision to levy an 18% Goods and Services Tax (GST) on payment aggregators for income generated from transactions below ₹2,000 — anticipated to be a key point in the 54th GST Council meeting — has been deferred. The matter has been referred back to the GST Fitment Committee for further evaluation, according to […]
GST Council meeting on September 9: A look at key proposals and expected changes – CNBC TV18
[ad_1] SUMMARY The 54th GST Council meeting, scheduled for September 9, 2024, is set to tackle crucial issues, including the future of the GST compensation cess and potential changes to the GST rate on insurance premiums. By Anshul September 7, 2024, 6:15:05 PM IST (Published) [ad_2] Source link
Council could heed to Gadkari’s call to exempt life insurance from GST; ₹200 crore revenue loss likely – CNBC TV18
[ad_1] In a significant development, the Goods and Services Tax (GST) Council is likely to exempt life insurance from GST during its upcoming meeting on September 9. The move, which has garnered widespread support, could lead to a revenue loss of ₹200 crore annually, according to a senior government official. “The government has been receiving representations from […]