GST on cigarettes, tobacco, aerated beverages likely to be hiked, new 35% slab proposed: Here’s what we know
  • 03 Dec 2024 06:44 PM
  • New

GST on cigarettes, tobacco, aerated beverages likely to be hiked, new 35% slab proposed: Here’s what we know

Source: https://www.livemint.com/economy/gst-on-cigarettes-tobacco-aerated-beverages-likely-to-be-hiked-heres-what-we-know-11733158888876.html

The Group of Ministers on rate rationalisation has finalised its report, which will be presented to the GST Council, PTI reported. The GoM will likely propose a tax hike on cigarettes, tobacco, and aerated beverages, as per the report.

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Economy News Today highlights on December 2, 2024: GST on cigarettes, tobacco, aerated beverages likely to be hiked: Here's what we know
  • 03 Dec 2024 06:40 PM
  • New

Economy News Today highlights on December 2, 2024: GST on cigarettes, tobacco, aerated beverages likely to be hiked: Here's what we know

Source: https://www.livemint.com/economy/latest-economy-news-today-live-updates-december-2-2024-11733097023201.html

Economy News Today highlights on December 2, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.

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Economy News Today highlights on December 1, 2024: GST collection for November rises by 8.5% to ₹1.82 lakh crore
  • 02 Dec 2024 06:56 PM

Economy News Today highlights on December 1, 2024: GST collection for November rises by 8.5% to ₹1.82 lakh crore

Source: https://www.livemint.com/economy/latest-economy-news-today-live-updates-december-1-2024-11733027107878.html

Economy News Today highlights on December 1, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.

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Top News on Dec 1: GST collection rises, Andhra dissolves Waqf board, Kejriwal rules out alliance in Delhi polls, more
  • 02 Dec 2024 07:09 PM

Top News on Dec 1: GST collection rises, Andhra dissolves Waqf board, Kejriwal rules out alliance in Delhi polls, more

Source: https://www.livemint.com/news/india/top-news-on-dec-1-gst-collection-andhra-govt-dissolves-waqf-board-kejriwal-maoists-killed-trump-pick-kash-patel-fbi-11733063713847.html

Top News on Dec 1: From increase in GST collection to Andhra govt dissolving Waqf board to killing of 7 Maoists to Donald Trump picking loyalist Kash Patel as his new FBI director, here are today's top stories.

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GST collection for November rises by 8.5% to ₹1.82 trillion
  • 02 Dec 2024 07:06 PM

GST collection for November rises by 8.5% to ₹1.82 trillion

Source: https://www.livemint.com/economy/gst-collection-for-november-rises-by-8-5-to-rs-1-82-lakh-crore-11733058102673.html

The uptick in GST collections driven by festive demand had been anticipated by policymakers, who remain optimistic about sustained growth in rural consumption and an improvement in urban demand.

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Petroleum ministry recommends GST on natural gas
  • 29 Nov 2024 05:40 PM

Petroleum ministry recommends GST on natural gas

Source: https://www.livemint.com/politics/policy/gst-gst-council-meeting-petroleum-ministry-gst-on-natural-gas-gst-on-petrol-gst-on-diesel-gst-on-atf-vat-11732783972092.html

Summary
It has not yet been decided whether it will be part of the agenda of the GST Council’s next meeting scheduled in December
The petroleum and natural gas ministry has recommended the inclusion of natural gas in the goods and services tax (GST) framework to the finance ministry, an official aware of the development said on Thursday.

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GST On Educational Materials and Services
  • 29 Nov 2024 05:48 PM

GST On Educational Materials and Services

Source: https://taxguru.in/goods-and-service-tax/gst-educational-materials-services.html

The Ministry of Finance provided detailed insights on GST applicability to education-related materials and services. Services by educational institutions, including pre-school, higher secondary, and vocational courses, are exempt from GST. Exemptions also apply to printed materials like books, Braille books, newspapers, and children’s activity books. Furthermore, services such as student transport, catering, and cleaning for schools up to higher secondary are GST-exempt, alongside affiliation services provided by educational boards to government schools, effective October 2024. However, commercial training and coaching services are taxed at 18% GST.

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Course on Mastering GST Sections Effortlessly with Memory Techniques!
  • 29 Nov 2024 05:55 PM

Course on Mastering GST Sections Effortlessly with Memory Techniques!

Source: https://taxguru.in/goods-and-service-tax/course-mastering-gst-sections-effortlessly-memory-techniques.html

Whether you’re a student preparing for exams or a professional navigating GST compliance, this course will transform the way you understand and retain GST provisions. By focusing on logic, practical application, and memory retention, you’ll not only gain confidence in mastering GST but also learn tools you can use for a lifetime.

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