GST Council Meet: Tax Cut On COVID Essentials, Black Fungus Medicine On Agenda

GST Council Meeting 2021: In the previous GST Council meeting, the tax was exempted on the import of Amphotericin B, a medicine used for the treatment of black fungus infection.

A Covishield dose cannot cost more than Rs 780 a dose, Russia's Sputnik V will cost a maximum of Rs 1,145 a dose and Covaxin cannot be costlier than Rs 1,410 a shot. This includes Rs 150 in GST or Goods and Services Tax.

With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to ClearTax founder Archit Gupta to know about the company’s history, growth, and future plans. We also talk to experts to understand what this startup needs to d...

According to the Ministry of Finance, the gross GST revenue in May 2021 is 65 per cent higher than the GST revenues in the corresponding month last year

Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that a deliberate attempt was made to keep the opposition Congress out of the Group of Ministers (GoM) set up after the GST Council Meet on May 28.

Chhattisgarh Chief Minister Bhupesh Baghel on Tuesday slammed the centre for allegedly keeping out the members of Congress-ruled states from the group of ministers (GoM) constituted by the GST Council for exemption of tax on essential goods related t

GST Council Meeting Key Takeaways: Finance Minister announced that the integrated goods and services tax (IGST) is exempted on free COVID-related essential items till August 31, 2021.

GST Council meeting: Finance Minister Nirmala Sitharaman chaired the 43rd GST Council meet today after a gap of almost eight months amid the second wave of the COVID-19 pandemic

The Council, which is headed by Union Finance Minister Nirmala Sitharaman and includes representatives of all states and Union territories, is meeting for the first time in nearly eight months.

RBI Annual Report: Public finances were impacted by a cyclical slowdown in revenues, which was exacerbated by Covid-19.

GST Council meeting: States may seek cut in tax on essential Corona virus supplies.

The GST Council last met on October 5, 2020 to finalise contours of borrowings by states to meet shortfall in tax revenues.

Confederation of All India Traders demanded an extension of compliances under the Goods and Services Tax (GST) and Income Tax by three months from the central government.

Unmanufactured tobacco attracts the highest rate of the Goods and Services Tax, which is almost equivalent to the value of the goods and there is scope for large-scale evasion in the sector