Business Standard

Page 5 - Gst Council Meeting

GST council meet on Wed, set to focus on falling collections, rate hike

With the revenue shortfall looming large, there have been suggestions for raising GST rate and cess to meet the gap

GST council meet on Wed, set to focus on falling collections, rate hike
Updated On : 17 Dec 2019 | 4:59 PM IST

GST Council meet may turn stormy over states' cess; Rs 50k-cr dues pending

The Centre has, so far, not given any definite timeline for making the pending compensation cess payments to states, thereby triggering a face-off between the two sides

GST Council meet may turn stormy over states' cess; Rs 50k-cr dues pending
Updated On : 16 Dec 2019 | 1:50 AM IST

Key decisions likely to be taken at the GST Council meeting on Friday

The Council may reset the GST rates on automobiles, hotels, biscuits, matchsticks and outdoor catering services. Listen to the podcast to know more

Key decisions likely to be taken at the GST Council meeting on Friday
Updated On : 10 Dec 2019 | 6:54 PM IST

GST and compensation cess review on cards as collections fall short

If states' GST revenue does not grow by at least 14%, the Centre pays them the difference, after every two months

GST and compensation cess review on cards as collections fall short
Updated On : 04 Dec 2019 | 2:28 AM IST

GST Council does some corrections

The GST Council has shown willingness to listen and make necessary course corrections

GST Council does some corrections
Updated On : 30 Sep 2019 | 1:24 AM IST

Double tax relief expands room for growth of hotel firms; stocks rise

While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings

Double tax relief expands room for growth of hotel firms; stocks rise
Updated On : 24 Sep 2019 | 2:57 AM IST

An ordinance tax boost

Short-term focus shifts to what extent the new measures will impact the fiscal deficit, accelerating non-tax revenue of the government

An ordinance tax boost
Updated On : 22 Sep 2019 | 11:38 PM IST

Highlights: GST Council announces steps to help tourism, trade

GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.

Highlights: GST Council announces steps to help tourism, trade
Updated On : 20 Sep 2019 | 11:57 PM IST

GST Council meet today; fitment panel rejects rate cut demand for 200 items

Caffeinated drinks are among a handful of items for which a hike in the GST rate has been recommended

GST Council meet today; fitment panel rejects rate cut demand for 200 items
Updated On : 20 Sep 2019 | 4:39 PM IST

Top events today: GST Council meet, Vivo V17 Pro launch, and more

From GST Council meet to Vivo V17 Pro launch in India, here are some of the most important news events scheduled for today

Top events today: GST Council meet, Vivo V17 Pro launch, and more
Updated On : 20 Sep 2019 | 7:48 AM IST

GST Council may be asked to decide on compensation to states in 45 days

States have been strongly pitching for extension of the compensation period by three years to 2024-25

GST Council may be asked to decide on compensation to states in 45 days
Updated On : 20 Sep 2019 | 2:16 AM IST

Fitment panel rejects demands of GST rate cut for auto, biscuit industry

The Committee also rejected the telecom ministry's proposal to reduce GST rate for telecom services from the present 18 per cent to 12 per cent, sources said

Fitment panel rejects demands of GST rate cut for auto, biscuit industry
Updated On : 18 Sep 2019 | 7:19 PM IST

Don't cut GST

The Council should instead focus on compliance

Don't cut GST
Updated On : 18 Sep 2019 | 6:57 AM IST

GST Council may cut tax on hybrid vehicles as auto sector battles slowdown

The government is examining a rate reduction for such vehicles by doing away with the cess, which will bring down the tax incidence from 43% to 28%

GST Council may cut tax on hybrid vehicles as auto sector battles slowdown
Updated On : 04 Sep 2019 | 1:03 AM IST

Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%

Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities was exempted from GST

Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%
Updated On : 27 Jul 2019 | 3:36 PM IST

GST rate on EVs cut from 12% to 5%; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities

GST rate on EVs cut from 12% to 5%; reduced rate effective from August 1
Updated On : 27 Jul 2019 | 2:28 PM IST

FM Nirmala Sitharaman busy, GST Council meet pushed back to Saturday

The meeting, which was to be held through a video conferencing, had a single agenda to boost production of electric vehicles

FM Nirmala Sitharaman busy, GST Council meet pushed back to Saturday
Updated On : 26 Jul 2019 | 2:56 AM IST

GST Council meeting to decide on slashing tax rate for EVs postponed

West Bengal Finance Minister Amit Mitra had on Tuesday written to Sitharaman objecting to a hurriedly called 'single agenda meeting'

GST Council meeting to decide on slashing tax rate for EVs postponed
Updated On : 25 Jul 2019 | 5:08 PM IST

Two years on, still not a good and simple tax: What ails the GST regime

Find a fix for anti-profiteering measures, filing glitches, advance ruling mechanism, say experts

Two years on, still not a good and simple tax: What ails the GST regime
Updated On : 02 Jul 2019 | 10:28 AM IST

GST council allows Aadhaar for registration, extends timeline for returns

GST Council decides to extend timeline to file annual returns to August 30

GST council allows Aadhaar for registration, extends timeline for returns
Updated On : 01 Jul 2019 | 5:09 PM IST