Finance Minister Nirmala Sitharaman announced that the next meeting of the Goods and Services Tax (GST) Council is tentatively scheduled for mid to late August. GST Council proposes exemption for specific services offered by Indian Railways to the general public, as well as for intra-railway transactions. The sale of platform tickets and services such as retiring rooms, waiting rooms, cloakroom facilities, and battery-operated car services are now exempt from GST. This session aims to address the pending agenda items from today's meeting. Today's GST Council meeting was marked by several key decisions aimed at easing the compliance burden and providing relief to taxpayers.
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While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
A new study finds sildenafil, the active ingredient in Viagra, may improve symptoms of Leigh syndrome, a rare, often fatal childhood disorder. Early findings show better muscle strength, fewer seizures, and improved quality of life.
The India-UK FTA will affect the prices of cars imported from the United Kingdom and sold in the Indian market.
Shivam Vishwakarma from Prayagraj ranked 58th in OBC category, selected as Assistant Commissioner (GST).
It is alleged that the 48-year-old accused officer demanded a bribe of Rs 10 lakh to settle the matter, which was later negotiated down to Rs 6 lakh.
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