- 09 Oct 2023 06:29 PM
- New
52nd GST Council Meeting Recommendations & Amendments
Source: https://taxguru.in/goods-and-service-tax/52nd-gst-council-meeting-recommendations-amendments.html
The 52nd GST Council Meeting, held in New Delhi on October 7, 2023, witnessed significant recommendations and amendments aimed at simplifying the Goods and Services Tax (GST) system in India. Chaired by Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, the meeting addressed various aspects of GST, from rate changes to trade facilitation measures and legal reforms.
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- 09 Oct 2023 06:21 PM
- New
Invest in soft skills for enhanced workforce employability: Maharashtra minister Deepak Kesarkar
New Delhi: While the upcoming interim budget is expected to have welfare schemes that benefit the common man, it should also invest in upgrading soft skills like languages, Maharashtra’s education minister Deepak Kesarkar, who represented the state in the latest GST council meet, told Mint. This, he believes, would empower the country's workforce to fully harness its demographic advantages, particularly in international contexts.
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- 09 Oct 2023 06:18 PM
- New
Reliance General Insurance sent GST notices for ₹922 crore by DGGI
The Directorate General of GST Intelligence (DGGI) has sent four show cause notices for Goods and Services Tax (GST) dues amounting to ₹922.58 crore to Reliance General Insurance Company (RGIC), the crown jewel of Reliance Capital Ltd, reports said on October 8.
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- 09 Oct 2023 06:15 PM
All states for 28% GST on online money gaming effective from 1 October: Revenue Secy Sanjay Malhotra
The clarification comes in the context of some of the states not being able to pass state GST law changes when the new tax regime for online money games kicked in from 1 October as had been decided by the Council, creating some confusion among the industry.
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- 09 Oct 2023 06:10 PM
GST Council tweaks hiring norms for tribunal, clarifies on taxability of corporate, personal guarantees
New Delhi: Goods and Services Tax (GST) Council on Saturday clarified on the taxability of personal and corporate guarantees, tweaked the norms for hiring members and President of GST appellate tribunal and allowed businesses to file appeals despite delays.
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- 07 Oct 2023 05:13 PM
GST Council meeting today; Here is what to expect
The GST Council is scheduled to convene on Saturday to deliberate on the unresolved reform issues.
The 52nd meeting of the council will take place in the capital city, as announced in a social media post by the council. However, the post did not disclose the precise topics or agenda for the meeting.
- 07 Oct 2023 05:10 PM
Centre, states to informally discuss online gaming tax
New Delhi: The implementation of 28% goods and service tax (GST) on online gaming, horse racing and casinos will informally figure in discussions at Saturday’s GST Council meeting as the Centre is keen to see the new regime takes effect without hassles, said a person informed about Centre-state discussions.
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- 07 Oct 2023 05:16 PM
Withdraw tax notices to online gaming industry: Delhi FM Atishi ahead of GST Council me
New Delhi: Delhi's finance minister, Atishi, on Saturday warned that the recently proposed 28% Goods and Services Tax (GST) on online gaming firms could jeopardize the entire Indian startup sector, potentially leading to significant job losses and hampering foreign investments.
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- 07 Oct 2023 05:22 PM
GST Council approves exemption of extra neutral alcohol from Goods and Services Tax: Report
The GST Council on 7 October approved exemption of extra neutral alcohol (ENA) from GST when supplied for the manufacture of alcoholic liquors, CNBC-TV18 has reported. As per the report, both grain-based and molasses-based ENA will be exempted from GST.
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- 07 Oct 2023 05:31 PM
GST Council Meet: Tax on millet flour preparation slashed to 5% from 28%; check details
The Goods and Services Tax (GST) Council on Saturday, October 7, decided to slash tax on millet flour food preparations from the current 18 per cent GST to 5 per cent, in an aim to make nutritious food items more accessible to the public. Millet flour, known for its nutritional value and health benefits, has gained popularity among health-conscious consumers in India.
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