GST Council meeting
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GST Council rejects Odisha’s demand for tax exemption on kendu leaf

It has contended that the centre-levied tax is adversely affecting the livelihood of lakhs of tribals, who are traditionally engaged in plucking kendu leaves.

published on : 19th February 2023
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‘Tamil Nadu got Rs 4,230 crore GST compensation for ’21 from Centre’

Finance minister PTR says state yet to receive 2021-22 and 2022-23 GST dues

published on : 19th February 2023
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GST Council hikes tax rates, exemptions removed on several items

The GoM, headed by Karnataka Chief Minister Basavaraj Bommai, has been given 3 months time to submit a final report on rate rationalisation and tax slab merger.

published on : 30th June 2022
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Government deregulates domestic crude oil market

The government on Wednesday deregulated the sale of domestically-produced crude oil, giving companies autonomy to sell their produce to whomever they want. 

published on : 30th June 2022
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GST Council meet: No decision on extending GST compensation to states

With two years being lost in the pandemic, states have sought an extension of this compensation mechanism.

published on : 29th June 2022
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GST Council to discuss removing exemptions on host of services

Sources said the GoM has recommended that zero per cent tax rate on hotel accommodation of less than Rs 1,000 per unit per day be replaced by a 12 per cent rate as this exemption was prone to misuse.

published on : 28th June 2022
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West Bengal Finance minister Chandrima Bhattacharya to attend key GST Council meeting

The Council in its meeting starting Tuesday is slated to discuss an array of issues, including a mechanism for compensating states for revenue loss and tax rate tweaks on some items.

published on : 27th June 2022