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9 important changes and key takeaways from the 53rd GST Council meeting

A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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GST rates raised again, take out your cheque books. Wait, that’s taxed too

GST rates raised again, take out your cheque books. Wait, that’s taxed too

Bhakti Makwana   


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Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates

One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…

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2 mins read

Three-tier GST rate structure could be announced as soon as next financial year, says report

The idea is, sources said, to move away from the present broad five rate structure of zero, …

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3 mins read

GST Council may consider merging the 12% and 18% tax slab in the next meeting, says Finance Minister Nirmala Sitharaman

The Goods and Services Tax (GST) Council may choose to consider the proposal to reduce the number o…

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No surprises in GST rates, promises Jaitley

"Profit is not a bad word... but unfair enrichment is. And therefore the benefit of reduction …

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Govt. to increase GST on mobile phones by 6% from April 1

New Delhi, Mar 14 () The GST Council on Saturday decided to increase GST rates on mobile phones to …

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2 mins read

Indian PM Narendra Modi promises his government will slash GST rates on over two dozen consumer items in the highest tax category

Earlier this year, India’s GST Council removed about 14 items from the highest tax category.…

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Same type of products to get single GST rate

Same type of products to attract single rate under GST

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Honor India to absorb GST rate hike on smartphones

"Offering support and taking measures to deliver a seamless experience, we at Honor will not hike …

PTI   


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Here’s what’s dearer and cheaper after GST roll out

From now on, India has come under one tax regime and subsumed more than 10 central and state ta…

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Breaking News: India begins its tryst with GST

From now, India is unified under one tax system, transforming the indirect taxation landscape i…

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Countdown to GST rollout begins; Arun Jaitley says GST new journey for India

The rollout will be announced in the presence of President Pranab Mukherjee, Vice President Ham…

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Here’s the list of GST rate for services; 28% for luxury hotel services, healthcare exempted

“Four tax slabs for services-5%, 12%, 18% (standard rate), 28% (luxury services),” said Jaitley.…

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Here’s why Arun Jaitley wants GST to be implemented from July 1

Jaitley said if the bill is not passed and GST is not rolled out from July 1, the Centre and the st…

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GST rate slabs finalized between 5% and 28%

The four-rate structure at 5%, 12%, 18% and 28% was finalized during the GST Council meeting. The s…

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RBI gives green signal to 18% GST rate

The RBI report said, "While the creation of a unified goods and services marking the country would …

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Parliamentary panel suggests lower GST rate for auto sector

The committee noted that some of the factors that contributed to slowdown are non-availability of …

PTI   


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GST rate slabs are set. Here’s what is getting expensive and cheaper

Jaitley said the GST, which has been a long pending issue and is expected to propel growth and boos…