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48% GST on Hybrid Cars, 5% on EVs Will Remain: Amitabh Kant Confirms

On Tuesday, G20 Sherpa Amitabh Kant emphasised the need to maintain a significant duty difference between electric and hybrid vehicles, including GST on hybrid...

GST Council to Convene on 9 September 2024

The GST Council is set to discuss the roadmap for the rate rationalisation exercise at its meeting on  9 September 2024, though a final...

No GSTR-1 Filing Without Valid Bank Accounts From1 September

The GST Network (GSTN) has issued an advisory, urging all taxpayers who have not yet updated their valid bank account details to do so...

GST Council Meeting: TMC’s O’Brien Calls on Sitharaman to Revoke 18% GST on Insurance Premiums

TMC leader Derek O'Brien has called on Finance Minister Nirmala Sitharaman to urgently review and eliminate the 18% GST on health and life insurance...

Sitharaman Hits Back at Opposition’s GST Claims on Health Insurance

Union Finance Minister Nirmala Sitharaman has firmly rejected opposition demands to remove GST from health insurance premiums, calling their protests misplaced and misleading. In a...

GST on Health and Life Insurance Has Generated ₹21,000 Crore in last Three Years

 In response to increasing calls for a reduction or elimination of GST on health and life insurance, the government informed Parliament on Monday that...

The Infosys GST Notice Controversy: Reasons behind the Uproar Among IT Companies

The controversy began when the Karnataka government issued a GST notice to Infosys, alleging that the company owed Integrated GST (IGST) under the reverse...

Debate on GST Rationalisation: Three-Tier Rate Structure Proposed

A new six-member Group of Ministers (GoM) on GST rationalisation, established on  2 July 2024, is set to convene its inaugural meeting soon, in...

Budget 2024 Expectations: Tech Industry Calls for PLI Scheme Revamp and GST Reduction

The Budget 2024, set to be presented by Finance Minister Nirmala Sitharaman on July 23, has the tech and electronics industry buzzing with anticipation....

Union Budget 2024: Experts Call for Removal of 18% GST on Mental Health Services

Ahead of the Union Budget 2024 presentation, experts are urging the government to remove or reduce the 18% Goods and Services Tax (GST) on...

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