Bengal finance minister Amit Mitra had lobbied hard for a 1 per cent tax on affordable housing in the run-up to the meeting of the GST Council that took place on Sunday.The council, the apex decision-...
The Narendra Modi-government would be keen to push the inclusion of natural gas and aviation turbine fuel (ATF) within the ambit of the goods and services tax to promote the use of green fuel and prov...
The GST Council on Wednesday took to voting for the first time to levy a uniform 28 per cent tax on the sale of lottery tickets across the country. The new rate will be effective from March 1, 2020.â€...
The GST Council on Thursday deferred a decision on a tax rejig for residential properties, dashing hopes of the beleaguered sector looking for sops even as experts asked developers to cut prices to pr...
The GST Council on Thursday decided to allow Kerala to levy a one per cent cess for two years to help the state rebuild its infrastructure after being hit by natural calamities last year. However, ana...
A showdown is looming in Delhi over the GST, the country’s biggest tax revamp since independence that was implemented three years ago. Kerala finance minister Thomas Isaac has already fired the open...
After a slew of rate cuts, the GST Council could now consider a hike in rates to shore up the shortfall in collections as well as raise the cess on more items to meet the growing demand of states to b...
The GST Council will consider a proposal to slash the tax on cement to 18 per cent from 28 per cent at its meeting next week along with a ministerial panel report that proposes a cut in rates in under...
Collections under the goods and services tax slid to Rs 97,637 crore in November after topping the Rs 1-lakh-crore-mark in October, reinforcing fears that the government could slip on its fiscal defic...
Finance minister Arun Jaitley on Thursday pitched for a federal institution, similar to the GST Council, in healthcare and agriculture as the schemes for these sectors face resistance from states beca...