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GST Council

Economy

Budget home threshold may be hiked to Rs 55 lakh

New Delhi: The group of ministers (GoM) tasked by the Goods and Services Tax Council to look into application of GST for real...
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Economy

insurance GST: GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance

A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in...
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Economy

GST relief for foreign airlines, academic institutions

New Delhi: Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head...
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Economy

GST bodies get power to waive off certain penalties

New Delhi: The government has notified changes to goods and services tax (GST) laws, empowering GST authorities to waive off certain interest and...
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Economy

Health, life insurance premiums need a tax cut? GoM to meet on October 19

The ministerial panel to decide on lowering goods and services tax (GST) on health and life insurance premiums will have its first meeting...
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Economy

Cosmo Film case: Gujarat HC order to provide relief to importers

In what could come as relief for many Indian Importers who were under investigation by the Directorate of Revenue Intelligence (DRII) and respective...
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