Centre releases Rs 40,000 crore to States/UTs to meet GST compensation shortfall
  • 11 Oct 2021 06:12 PM
  • New

Centre releases Rs 40,000 crore to States/UTs to meet GST compensation shortfall

Source: https://economictimes.indiatimes.com/small-biz/gst/centre-releases-rs-40000-crore-to-states/uts-to-meet-gst-compensation-shortfall/articleshow/86839062.cms

Earlier on 15th July, 2021 an amount of Rs 75,000 crore was released to the States & UTs with legislature. This release is in addition to normal GST compensation being released every 2 months out of actual cess collection, an official statement said.

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Same GST slab for ice-cream sold anywhere: Finance ministry
  • 11 Oct 2021 06:03 PM
  • New

Same GST slab for ice-cream sold anywhere: Finance ministry

Source: https://economictimes.indiatimes.com/small-biz/gst/same-gst-slab-for-ice-cream-sold-anywhere-finance-ministry/articleshow/86838302.cms

The government said a GST of 18% should be levied on ice cream even when they are sold inside a parlour. Earlier, ice creams attracted 5% tax when sold inside parlours and 18% outside.

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Ministerial group for GST rates review to meet soon: Karnataka CM
  • 11 Oct 2021 05:43 PM
  • New

Ministerial group for GST rates review to meet soon: Karnataka CM

Source: https://www.livemint.com/news/india/ministerial-group-for-gst-rates-review-to-meet-soon-karnataka-cm-11633709717098.html

After meeting FM Nirmala Sitharaman, Karnataka CM Basavaraja Bommai said the GoM for rationalising GST rates will meet soon

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Gold premiums fall in India amid drop in prices
  • 17 Aug 2020 04:15 PM

Gold premiums fall in India amid drop in prices

Source: https://www.livemint.com/market/commodities/gold-premiums-fall-in-india-amid-drop-in-prices-11597547361258.html

On a weekly basis, gold prices in India about ?2,600 per 10 gram
Gold prices in India include import duty and GST

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