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The council is headed by the union finance minister Nirmala Sitharaman assisted with the finance minister of all the states of India. The GST council makes recommendations to the Parliament of India to make or amend laws related to the taxes on goods and services in India. [48] The 54th GST Council Meeting was held on 9th Sept 2024. [49] [50] [51]
The GST rate on all mobility and disability aids across India has now been reduced from 18% to 5% after the 16th GST council meeting. However, the petition aims for a zero-rated GST, with a special refund scheme for input tax credit. This means that the entire value chain of the supply should be exempt from tax.
GST may refer to: Taxes. General sales tax; Goods and Services Tax, the name for the value-added tax in several jurisdictions: Goods and services tax (Australia)
Treasury secretary nominee Scott Bessent told Senate lawmakers Thursday that the Federal Reserve should remain independent, but that Donald Trump 'is going to make his views known' as president.
The first meeting was chaired by Prime Minister, Jawaharlal Nehru on 8–9 November 1952. So far 57 meetings had been held. The 57th Meeting of National Development Council was held on 27 December 2012 [2] at Vidhan Bhavan, Mumbai.
COPENHAGEN (Reuters) -Greenland Prime Minister Mute Egede said on Monday the country is looking to strengthen its defence and mining ties with the United States, albeit on its own terms, following ...
President Xi Jinping held a rare meeting on Monday with some of the biggest names in China's technology sector, such as Alibaba founder Jack Ma, urging them to "show their talent" and be confident ...
The Fifteenth Finance Commission (XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing 2020-04-01.