GST

Delhi-NCR Superfast: Moisture-laden clouds bring respite after ten-day lull

In this section, you will find the top news stories of the day. Segment ‘Delhi-NCR Superfast' is a part of Zee News' important news bulletins in which we cover all the important news.

Jul 13, 2022, 09:02 AM IST

Drinking Milk will be expensive from NEXT week, BIG setback for 'COMMON MAN' after Nirmala Sitharaman announces THIS

From July 18, the prices of several essential commodities are going to increase. From now on, you will have to pay more for daily food items. The decision was taken at the 47th GST meeting chaired by FM Nirmala Sitharaman said. She said that GST rates will increase on some new products and some goods and services from July 18, 2022.

Jul 13, 2022, 08:32 AM IST

Will GST on casino, online gaming, horse racing be hiked from 18% to 28%? Crucial GOM meet to decide today

The GOM, headed by Meghalaya Chief Minister Conrad Sangma, had recommended that online gaming should be taxed at full value of the consideration, including contest entry fee paid by the player on participating in the game.

Jul 12, 2022, 08:15 AM IST

Delhi-NCR Superfast: Contaminated water in many areas of Old Delhi

In this section, you will find the top news stories of the day. Segment ‘Delhi-NCR Superfast' is a part of Zee News' important news bulletins in which we cover all the important news.

Jul 11, 2022, 09:20 AM IST

Har Ghar Tiranga: No GST on sale of national flag, says Finance Ministry

The finance ministry said that sale of the Indian national flag, irrespective of whether machine made or of polyester, is exempt from the Goods and Services Tax (GST).  

Jul 09, 2022, 13:12 PM IST

GST on Hospital Admission: 5% GST on non-ICU hospital rooms above Rs 5K will not hit affordable healthcare, says Revenue secy

Responding to the representations of the industry, revenue secretary Tarun Bajaj also rejected the demand for zero-rating for healthcare industry saying such "carve-outs" may generate similar demands from other sectors, like education, and put upward pressure on taxation of other items in the GST net.

Jul 07, 2022, 08:58 AM IST

New GST rule 2022 notified by govt, to benefit lakhs of companies in India

With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payments on the GSTN portal by using IMPS and UPI payment modes.

Jul 06, 2022, 15:03 PM IST

Hotels, restaurants can't force you to pay service charge! Check new rules here

A service charge cannot be imposed by a hotel or restaurant. They must explicitly advise the consumer that the service price is discretionary, elective, and at the discretion of the consumer.

Jul 04, 2022, 20:09 PM IST

Highest 28% GST on luxury, sin goods to continue: Revenue Secy

Addressing the industry leaders, Bajaj said the rate rationalisation exercise of the GST Council is a result of introspection of GST, five years after its rollout, and the policymakers do not have a "fetish" to raise the tax rates to the revenue-neutral level of 15.5 per cent.

Jul 04, 2022, 15:24 PM IST

GST collections in June up 56% to Rs 1.44 lakh crore in June

Sitharaman said Rs 1.4 lakh crore is the "rough bottom line" now for GST collections.

Jul 01, 2022, 15:25 PM IST

47th GST Council meet: Curd, paneer, hotels, bank facilities to get expensive -- Check full list

The 47th meeting of the GST Council has approved imposing GST on new items and increasing the tax on a few items. 

Jun 29, 2022, 18:09 PM IST

GST Meet: GoM report on 28% tax on online gaming, casinos, horse racing deferred

The GOM, headed by Meghalaya Chief Minister Conrad Sangma, had recommended that online gaming should be taxed at full value of the consideration, including contest entry fee paid by the player on participating in the game.

Jun 29, 2022, 14:35 PM IST

47th GST Council meeting underway: States' compensation, easier e-commerce suppliers' registration, tax tweaks on cards

Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will also clear levying the highest tax of 28 per cent on online games, casinos and horse racing, besides, measures to curb tax evasion, especially devising ways to tackle high-risk taxpayers in GST.

Jun 28, 2022, 14:05 PM IST

Reduce GST on drugs, make available indigenous vaccines for affordable cancer treatment in India, suggests Parl panel

Health secretary Rajesh Bhushan, Indian Council of Medical Research DG Dr Balram Bhargava, Director General Health Services Atul Goyal were among the officers present in the meeting.

Jun 28, 2022, 08:39 AM IST

GST Council Meet: Rate Changes on some items, states compensation top agenda

The 47th meeting of the GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and UTs, is scheduled for June 28-29. The Council is meeting after a gap of six months.

Jun 27, 2022, 09:45 AM IST

28% GST likely on casinos, online gaming, horse races on gross revenue: Report

GST Council in its meeting this week is likely to vet a proposal of the panel of state finance ministers on levying 28 per cent GST on online gaming, casinos and horse racing, according to a report.

Jun 26, 2022, 18:36 PM IST

GST compensation cess extended till March 2026, govt notifies

The levy of GST compensation cess on some products and services has already been extended until March 2026 to compensate states for borrowings and arrears of compensation paid in the previous two fiscal years.

Jun 25, 2022, 12:23 PM IST

GST paying companies alert! Changes in monthly GST payment form GSTR-3B? GST Council to decide next week

The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.

Jun 24, 2022, 13:28 PM IST

Medical health insurance premiums to be taxed now, says AAR

The Telangana AAR decision came in response to a request by M/s. Hyderabad Metropolitan Water Supply and Sewerage Board, which wanted to know if it was obliged to pay GST on medical insurance premiums.

Jun 12, 2022, 12:35 PM IST

'Cut taxes on fuel in 15 days or...': BJP's ultimatum to Mamata Banerjee govt in West Bengal

 According to reports, the BJP has threatened to go on agitation if the West Bengal government does not cut taxes on fuel in the next 15 days.

Jun 02, 2022, 18:36 PM IST