ST Council meet

Nasscom hails GST Council's clarification on scope of 'intermediary services'

On Friday, GST Council's recommendations included the issuance of certain circulars to remove ambiguity and legal disputes on various issues.

published on : 18th September 2021

Odisha seeks fair share in divisible pool of funds

The state Finance Minister suggested that a mechanism should be worked out so that the states are also benefited.

published on : 18th September 2021

Puducherry seeks extension of GST Compensation period by another five years

 After implementation of GST, the UT of Puducherry is suffering revenue loss due to structural issues in GST viz., destination principle.

published on : 18th September 2021

Extend GST aid to Andhra Pradesh beyond 2022: Finance Minister Buggana

Hence, Andhra Pradesh requires additional funds in the form of GST compensation, he said, while participating in the 45th GST Council meeting held in Lucknow on Friday.

published on : 18th September 2021

Maharashtra is against any move to encroach upon state's rights to levy taxes: Dy CM Ajit Pawar

Pawar, who holds charge of Maharashtra's finance department, told reporters here that said the Centre was free to levy taxes, but 'what is under the state's jurisdiction should not be touched'.

published on : 16th September 2021

Nirmala Sitharaman to consider Telangana Finance Minister T Harish Rao’s request to raise borrowing limit

Harish Rao said that the State was facing financial problems due to the lockdown and they did not know for how long the lockdown would continue.

published on : 13th June 2021

GST Council chaired by FM Nirmala Sitharaman cuts tax on COVID-19 medicines, equipment 

While GST on Tocilizumab and Amphotericin B is slashed to nil from 5 per cent, the rate on Remdesivir and anti-coagulants like Heparin is lowered from 12 percent to 5 percent.

published on : 12th June 2021

FM Nirmala Sitharaman to chair GST Council meet on June 12; tax cut on COVID essentials on agenda

The Congress party- and other Opposition-ruled states have been demanding a reduction in taxes but the central government felt the move may not result in tangible gains for people.

published on : 11th June 2021

GST Council meet begins, tax rate cut on COVID essentials, compensation to states on agenda

With regard to the issue of compensation payable to states, the centre has estimated the shortfall at Rs 2.69 lakh crore.

published on : 28th May 2021

No GST Council meeting until after poll results

Despite multiple state government requests, sources say meet unlikely before end of May

published on : 30th April 2021

Here is the list of items for which the GST rates have changed

Union finance minister Arun Jaitley after chairing the 22nd GST council meet of Friday announced a slew of reforms including change in GST rates of several items.

published on : 7th October 2017

GST relief for SMEs, exporters; tax rates on 27 items cut

The minister addressing a press conference after the 22nd GST council meet announced a slew of reforms.

published on : 6th October 2017