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GST Council defers proposal to Lower Tax on Insurance Premiums 2024-12-21 15:18:46
The GST Council has postponed the decision to lower the GST rate on health and life insurance premiums. Bihar's Deputy Chief Minister Samrat Chaudhary, who leads the Group of Ministers (GoM) on rate rationalization and insurance premiums, said more details...
Keywords: GST Council latest update, GST Council on Tax Premiums, GST Council proposals, GST Council on Tax Premiums
Read MoreWhat's Getting Cheaper And Costlier After GST Council Meeting? 2024-12-23 09:14:28
The GST Council has made several important recommendations to simplify and reduce the tax burden in specific areas. These include lowering the GST rate on Fortified Rice Kernel to make it more affordable, fully exempting gene therapy from GST to...
Keywords: GST Council Meeting latest breaking, GST Council Meeting latest breaking, GST Council Meeting decisions made, GST Council Meeting
Read MoreGST Relief for Middle Class Soon 2025-07-02 10:41:27
Following a series of tax breaks provided earlier this year, the central government is now working on offering additional support to middle and lower-income families by potentially reducing the Goods and Services Tax (GST), sources indicate. There are discussions about...
Keywords: GST Relief list, GST Relief new breaking, GST Relief new update, GST Relief updates
Read MoreGST Council To Meet Today 2024-09-09 09:35:17
Good news for senior citizens. Central government to ease the GST rate on health insurance premiums for senior citizens and individuals. The 54th GST Council meeting will be held on Monday and the key decision will be made. According to...
Keywords: GST rates, Gaming portals, GST council, GST on health and life insurance
Read MoreNirmala Sitharaman Responds Over GST on Medical Insurance 2024-08-08 10:13:20
On Wednesday, Union Finance Minister Nirmala Sitharaman responded to the request of Nitin Gadkari to remove the GST on the insurance policies, that is mainly of 18 percent GST on medical insurance policies. Nitin Gadkari recently requested the finance minister...
Keywords: Parliament, Tax on insurance, medical insurance GST, GST collected on insurance
Read MoreDo you have to pay tax on selling your car? 2024-12-24 15:18:54
The GST Council has decided to raise the GST rate on old and used vehicles, including electric ones, sold by registered businesses to 18%. This change does not affect individuals who are not registered under GST. The decision has sparked...
Keywords: Tax on old car latest, Tax on old car GST, GST Council, Tax on old car recent meeting
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