Karnataka Chief Minister Meets Finance Minister Nirmala Sitharaman

The first meeting of the Group of Ministers set up for rationalising GST rates and to shore up revenue will be held soon, its chairman and Karnataka Chief Minister Basavaraj Bommai said on Friday.

Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.

Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.

Food delivery apps like Zomato and Swiggy must pay GST, or Goods and Services Tax, instead of the restaurant they pick up orders from, Finance Minister Nirmala Sitharaman said Friday after a meeting of the GST Council in Lucknow.

Jio Fiber has quietly added quarterly plans to its postpaid broadband portfolio that earlier only had semi-annual and annual plans. The new Jio Fiber postpaid plans start from Rs. 2,097 and go up to Rs. 25,597 (excluding GST).

Taking on Infosys over glitches in the GST and Income Tax portals developed by it, RSS-associated Panchjanya wondered if any "anti-national power is trying to hurt India's economic interests through it".

The investigation took its origin from interception of goods vehicle supported by documents issued in the name of non-existing and fake firms.

The estimated total cost of civil and construction work on Ganga Expressway project is Rs 36,230 crore, and Rs 19,754 crore will be spent on civil works. There is also GST of Rs 2,371 crore on this.

Industrialist Harsh Goenka took to Twitter to ask about taxation on different shapes of Papad. An Indian tax body clarified the issue.

Papad, whatever its shape or name, is exempted from GST, the government's indirect taxation agency clarified today after a social media post claimed that a round papad is exempted from the tax while a square variant attracts it.

Amid fall in state revenue and GST collection in view of COVID-19 crisis, Karnataka Chief Minister Basavaraj S Bommai on Thursday demanded the Centre to extend the GST compensation period to states beyond 2022, for three more years.

India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.

The National Automobile Scrappage Policy will benefit all stakeholders as it will boost manufacturing, create jobs and help both the Centre as well as state governments in earning up to Rs 40,000 crore each in GST, Nitin Gadkari said.

Prahlad Modi, Prime Minister Narendra Modi's brother and vice-president of All-India Fair Price Shop Association, today asked traders not to pay GST till their demands are met by authorities and advised them to launch an agitation over the issue.