Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
The government must remove or limit the 18 per cent Goods and Services Tax (GST) on mental health services, and allocate resources strategically to help India become a mentally resilient society, experts said.
"We have a lot of expectations from the Modi government, including reduction of GST on Banarasi sarees," Chandanlal, who runs a Banarasi saree business said.
Currently being charged in Delhi and Bengaluru, the platform fee on Zomato and Swiggy is different from the delivery fee, GST, restaurant charges, and handling charges.
Gujarat Police has registered an FIR against a person for sharing a deepfake video of Union Finance Minister Nirmala Sitharaman on GST, state minister Harsh Sanghavi said on Tuesday.
A consortium of Indian video games and esports companies have written to the newly formed government, requesting a comprehensive industry-focussed policy, regulatory streamlining and a clear distinction from real money games that are often conflated with video games under the “Online Games” umbrella term.
The gross GST collection increased 8 per cent to Rs 1.74 lakh crore in June, sources said on Monday.
Union Finance Nirmala Sitharaman chaired pre-Budget consultations with finance ministers of states and Union Territories to take their views. It was followed by the 53rd meeting of the GST (Goods and Services Tax) Council today.
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet after a gap of eight months on June 22, and is likely to review the implementation of 28 per cent GST on the online gaming sector.
The gross Goods and Services Tax (GST) collection for May stood at Rs 1.73 lakh crore, according to the release by the Ministry of Finance.
The Supreme Court on Wednesday told the Centre that there is no need for making arrests in all Goods and Services Tax (GST) cases and that it can be done only if there is credible evidence and tangible material to prove culpability.
The Supreme Court on Wednesday directed the Centre not to use "threat and coercion" during search and seizure operations against traders for recovery of Goods and Services Tax (GST) and instead persuade them to clear the dues voluntarily.
Congress leader Rahul Gandhi announced on Tuesday that the Agniveer scheme would be abolished if the INDIA bloc is voted to power, alleging that it was initiated by PM Narendra Modi and not by the Army.
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
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