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54th GST Council Recommends to prospectively Omit rule 96(10), rule 89(4A) & rule 89(4B) from CGST Rules, 2017

Aiswarya Krishnadas

The Council, which included state finance ministers and tax officials, will review the 54th GST Council's recommendation to prospectively remove Rule...

GST on Research grant Notices to 7 Institutions not an attempt of Tax Terrorism, issue of...

B2C e-Invoicing to Start on Voluntary Basis Soon: 54th GST Council Meeting

No GST payable on Research Funds of Universities and R&D under State and Centre and Income Tax...

54th GST Council Meeting cuts down GST Rate on Cancer Drugs to 5% from 12%

54th GST Council Meeting: Key Highlights [Read Press Release]

The Union Finance Minister Nirmala Sitharaman chaired the 54th meeting of the GST Council today (9th September 2024) at Sushma Swaraj Bhawan in New Delhi. The Union Minister of State for Finance...

55th GST Council Meeting Scheduled in November

The Union Finance Minister Nirmala Sitharaman chaired the 54th meeting of the GST Council today (9th September 2024) at Sushma Swaraj Bhawan in New Delhi. The Union Minister of State for Finance...

Finance Minister Nirmala Sitharaman Chairs 54th GST Council Meeting in New Delhi: Stay for Updates

Union Finance Minister Nirmala Sitharaman presided over the 54th meeting of the GST Council today at Sushma Swaraj Bhawan, New Delhi. This is the first GST council meeting after the full- Budget of...

54th GST Council Meeting: Delhi Finance Minister to Address GST on Research Grants

Delhi Finance Minister Atishi announced that she will raise concerns about the imposition of GST on research grants at the 54th GST Council meeting to be conducted on 9th September 2024. The GST...

18% GST on UPI Transactions under Rs. 2000? GST Council to Decide Today!

The Goods and Services Tax ( GST ) Council convened for its 54th session today at Sushma Swaraj Bhawan, New Delhi, poised to deliberate on pivotal measures that could shape the economic landscape....

18% GST on Payment Aggregators for Sub Rs. 2000 Transactions likely after GST Council Meeting

The Goods and Services Tax ( GST ) Council is expected to consider imposing an 18% GST on payment aggregators (PAs) for digital transactions up to ₹2,000 using debit and credit cards, according to a...

New Income Tax Act Expectations: Income Tax Notices to be Issued in Common Speaking Language

The New Income Tax Act is anticipated to have provisions that enable the issuance of Income Tax Notices in a more spoken language, that is less legally intriguing to the assessees (taxpayers). The...

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