GST Council postpones decision to cut tax on insurance, rate panel defers report submission

GST Council postpones decision to cut tax on insurance, rate panel defers report submission

A GOM set up by the Council under Mr. Chaudhary, in its meeting in November had agreed on exempting insurance premiums paid for term life insurance policies from GST. File | Photo Credit: The Hindu A GST Council meeting on Saturday (December 21, 2024) postponed a decision on reducing taxes on health and life insurance, … Read more

GST council’s nod on exempting research grants victory for nation: Atishi | Economy & Policy News

GST council’s nod on exempting research grants victory for nation: Atishi | Economy & Policy News

Delhi Finance Minister Atishi | (Photo: PTI) 2 min read Last Updated : Sep 09 2024 | 11:12 PM IST Delhi Finance Minister Atishi on Monday said the GST Council has decided to exempt research grants from the GST net, and called it a victory for the entire nation. Addressing a digital press … Read more

GST Council to deliberate on taxation of insurance premium, report on online gaming

GST Council to deliberate on taxation of insurance premium, report on online gaming

The GST Council on Monday (September 9, 2024) is expected to deliberate on a host of issues, including taxation of insurance premium, GoM’s suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources claimed the fitment committee, comprising Centre and State tax officials, will present a report on GST levied on … Read more