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The next meeting of the GST Council will be held on September 28-29 in Goa. Meanwhile, tax experts welcomed the council's decision to offer GST cashbacks on pilot basis, highlighting that it would.
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Updated: 11 Dec 2019, 03:35 PM IST PTI. New Delhi: With pressure on revenue collection, the goods and services tax (GST) rates and slabs may be raised during the GST Council meeting next week. The.
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Sitharaman's announcements and the GST council's meeting comes at a time when India's annual economic growth fell to a 25-quarter low of 5% in April-June period. Here are live updates on the latest GST decisions and reactions of the latest round of stimulus.
Here is the full list of GST council meeting dates wise for the year 2019. You can see the GST council meeting upcoming dates and the next meeting breaking news. Further, read outcomes of GST council meeting today, highlights of GST council meeting and rate changes. The first GST Council meeting held on 22nd and 23rd September 2016.
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A review of the tax rates and slabs under GST is expected to be announced in the meeting scheduled for this afternoon. The last GST Council meeting was held on September 20 in Goa.
The GST Council on Wednesday fixed a uniform tax rate of 28% both state and private lottery.Revenue Secretary Ajay Bhushan Pandey said the new rate for lottery will come into effect from March 2020.
The GST council in its 32nd meeting has recommended several changes under GST law in ease of doing business for MSMEs and SMEs. Considering the demand of small industries to raise threshold limit for registration under GST, the GST Council has decided to raise the threshold limit from 20 lakhs to 40 lakhs for GST registration for suppliers of goods.. Further, the limit has been raised from 10.
Track this space for all live updates on the media briefing by Finance Minister Nirmala Sitharaman following the 37th GST Council meeting on September 20. English Hindi.
GST Latest News - latest GST news, updates, Gst Latest, GST Information, Gst Latest News In Hindi. Stay updated with current notifications.
GST Council to meet on Wednesday amidst talk of rate hike to meet revenue shortfall. Many economists, including former RBI Governor Raghuram Rajan, have expressed fear of India getting into a.The genesis of the introduction of GST in the country was laid down in the historic Budget Speech of 28th February 2006, wherein the then Finance Minister laid down 1st April, 2010 as the date for the introduction of GST in the country. Thereafter, there has been a constant endeavor for the introduction of the GST in the country whose culmination has been the introduction of the Constitution.Big relief for aam aadmi as GST Council decides to lower tax on 40 products Read In Hindi Prime Minister Narendra Modi had recently announced that 99 per cent of items in the GST regime will be.