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GST Council meeting

Business

GST Council meet key decisions: No GST on bank penal charges, clarity on tax rate on popcorn & more – top announcements

GST council has sanctioned a rate increase to 18% from 12% for transactions involving the sale of old and used cars. GST...

Grace - December 21, 2024

Economy

GST Council ups tax on sale of used cars; says rate on popcorn depends on flavor

The 55th goods and services tax (GST) council meeting is underway in Jaisalmer, where several key decisions are being taken including clarification tax...

Grace - December 21, 2024

Economy

Gateways seek GST waiver on low-value commissions

Mumbai: Ahead of the GST Council meeting on December 21, payment gateway operators have made representations to the finance ministry against levying 18%...

Grace - December 10, 2024

Business

Revenue secretary Sanjay Malhotra to be next RBI governor

Revenue secretary Sanjay Malhotra (File photo) NEW DELHI: Government on Monday sprung a surprise by naming revenue secretary Sanjay Malhotra, 56, as...

Grace - December 9, 2024