council

New Delhi: The GST Council on Saturday decided to amend tax rates on items, including student accommodation services and solar cookers, and took a slew of taxpayer-friendly measures, including waiving interest and penalty on demand notices issued in the first three years of Launch of the GST...

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said tax notices have been sent to less than two per cent of the total 58.62 lakh taxpayers under the central GST administration and the government intends to make life easier for GST taxpayers by reducing compliance requirements. Is...

Nirmala Sitharaman said, "In case of demand notices issued for 2017-18, 2018-19, 2019-20, if the tax is paid by March 31, 2025, interest and penalty will be waived off."GST Council has also recommended the deadline for availing input tax credit in respect of any invoice or debit note under...

Panaji, Goa Chief Minister Pramod Sawant attended the 53rd GST Council meeting in New Delhi on Saturday and raised the issue of small traders who were denied their input tax credit claims due to the late filing of returns, an official said.He raised the issue of late filers of GST returns due...

Shimla: In the 53rd meeting of the GST Council held on Saturday, it was recommended to reduce the Goods and Services Tax (GST) on all types of carton boxes from 18 percent to 12 percent.A statement issued here said that Himachal Pradesh has been continuously demanding reduction in GST on apple...

In New Delhi [India], Finance Minister Nirmala Sitharaman announced that the next meeting of the Goods and Services Tax (GST) Board is tentatively scheduled for mid to late August.The GST Council proposes an exemption for specific services offered by Indian Railways to the general public as...

New Delhi: To reduce government litigation, the GST Council has set a monetary limit for filing appeals by the tax department before various appellate authorities, Union Finance Minister Nirmala Sitharaman said on Saturday.He said after the 53rd meeting of the GST Council that the department...

Addressing the media after the council meeting, the Finance Minister said that purchase of railway tickets and payment of waiting room and clock room charges have been exempted from GST.Similarly, no GST will be levied on services like battery operated vehicles and intra-railway services.The...

New Delhi: Andhra Pradesh Finance Minister P Keshav on Saturday said the GST Council has sent its recommendation to exempt the fertilizer sector from the current 5 per cent GST to the Group of Ministers to rationalize the rates.The Council discussed the recommendations made by the Standing...

The meeting was attended by Union Minister of State for Finance Pankaj Chaudhary, Chief Ministers of Goa, Meghalaya, Mizoram, Nagaland and Sikkim; Deputy Chief Ministers of Bihar, Madhya Pradesh, Odisha, Rajasthan and Telangana; The Finance Minister and other Ministers of State; and senior...

In New Delhi [India], Union Finance Minister Nirmala Sitharaman chaired a pre-budget meeting with Finance Ministers of all states and Union territories on Saturday morning.The pre-budget meeting is organized by the Ministry of Finance and Corporate Affairs with the Finance Ministers of all...

Dubai [UAE], the Dubai Chamber of Commerce, one of three chambers operating under the Dubai Chambers umbrella, has announced the establishment of the Mexican Business Council to boost bilateral trade and investment opportunities and strengthen ties between the business communities of Dubai and...

South Korean Foreign Minister Cho Tae-yeul made the comments on Friday following his back-to-back phone calls with US Secretary of State Antony Blinken and Japanese Foreign Minister Yoko Kamikawa, Yonhap news agency reported.On Wednesday, Russian President Vladimir Putin and North Korean...

New Delhi: According to sources, the GST Council, in its meeting on Saturday, is likely to deliberate on several issues, including taxes on online gaming and the parliamentary standing committee's recommendation to reduce taxes on fertilizers.The 53rd GST Council meeting, chaired by Union...

New Delhi, Bihar Deputy Chief Minister Samrat Chaudhary has been appointed GoM coordinator for rationalization of GST rates.According to an official memorandum published on the GST Council secretariat website, the other members of the reconstituted panel are Uttar Pradesh Finance Minister...

First Vice Foreign Minister Kim Hong-kyun called on Russian Ambassador Georgy Zinoviev to convey Seoul's position on the "comprehensive strategic partnership" treaty signed between Moscow and Pyongyang at their leaders' summit on Wednesday. Yonhap news agency reported.The treaty provides for...

New Delhi [India], The US Chamber of Commerce's US-India Business Council (USIBC) on Thursday hosted a closed-door member dialogue with the US Congressional delegation led by Representative Michael McCaul in Delhi. The discussion focused on enhancing industrial cooperation in defense and...

Patna, Senior BJP leader Awadhesh Narayan Singh was appointed the acting chairman of Bihar Legislative Council on Thursday.According to a notification issued by the Legislative Council Secretariat, the appointment following the resignation of Speaker Devesh Chandra Thakur has been approved by...

Mumbai, Shiv Sena (UBT) leader Sanjay Raut on Thursday said his party will approach the Supreme Court to seek a stay on the upcoming Maharashtra Legislative Council elections as ruling party MLAs voting in the elections face the possibility of disqualification. Will have to.He said that while...

"It is an established fact that Jammu and Kashmir is an internationally recognized disputed territory. The dispute has been on the agenda of the UN Security Council for over seven decades," read a statement issued by the Ministry of External Affairs. from Pakistan."The relevant Security...