The Council at its 35th meeting, the first under new Finance Minister Nirmala Sitharaman, is also likely to consider a proposal to set up one appellat...
GST Rate Reduction For Under Construction Real Estate Will Give Boost to Industry
Sanjay Dutt, Chairman, FICCI Real Estate Committee and MD and CEO TATA Housing and TATA Realty and Infrastructure Ltd while applauding the move said t...
GST Council Reduced Tax Slabs for Under Construction Real Estate Projects
The GST Council slashed tax rates on under-construction housing properties to 5 per cent without the input tax credit, from the existing 12 per cent. ...
CII Calls GST Council’s Recent Decisions As MSME Friendly
CII appreciates and welcomes the said decision made by the GST Council, as this would help ease the tax compliances especially for those small busines...
Jan 10 GST Council to Meet & Discuss Crucial 5% Tax Slab Categories
Jan 10 GST Council to Meet & Discuss Crucial 5% Tax Slab Categories
GST Standard Rate to be Fixed Between 12-18% as Revenues Increase: Arun Jaitley
Going forward, as tax revenues significantly increase, India will have GST slabs of 0 per cent, 5 per cent and a standard rate between 12-18 per cent ...
GST Council Might Consider Under 5% GST for Under Contruction Real Estate
The GST Council is likely to consider lowering GST on under-construction flats and houses to 5 per cent in its meeting next month, an official said. C...
GST Council Might Rationalize 28% Slab
The idea is to keep only those items in the 28 percent slab which are used for a luxury purpose and demerit goods. The final call will be taken by the...
GST Council Considering the Option of Funding NDRF
How should the National Disaster Response Fund (NDRF) be funded in GST era, Issue of cess on GST for the purpose of funding disaster response are some...
Arun Jaitley: GST Council Met 30 Times and Took 918 Decisions Related to GST Laws
The all-powerful GST Council, chaired by Finance Minister Arun Jaitley, has met 30 times and taken 918 decisions related to laws, rules and rates for ...