![]() | GST Council rejects Odisha’s demand for tax exemption on kendu leafIt has contended that the centre-levied tax is adversely affecting the livelihood of lakhs of tribals, who are traditionally engaged in plucking kendu leaves. |
![]() | ‘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 |
![]() | GST Council hikes tax rates, exemptions removed on several itemsThe 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. |
![]() | Government deregulates domestic crude oil marketThe government on Wednesday deregulated the sale of domestically-produced crude oil, giving companies autonomy to sell their produce to whomever they want. |
![]() | GST Council meet: No decision on extending GST compensation to statesWith two years being lost in the pandemic, states have sought an extension of this compensation mechanism. |
![]() | GST Council to discuss removing exemptions on host of servicesSources 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. |
![]() | West Bengal Finance minister Chandrima Bhattacharya to attend key GST Council meetingThe 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. |
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