GST Council Meet

In a landmark move to strengthen India’s dairy sector, the 56th GST Council, in its meeting held on Wednesday, approved sweeping tax rationalizations on milk and milk products.

TNI National Bureau: At its 55th meeting in Jaisalmer, the Goods and Services Tax (GST) Council clarified tax rates on popcorn while deferring key decisions, including reductions in GST for insurance premiums. The Council also announced…

The GST Council in its 47th meeting had decided to go for a rate hike on several daily essential items. From next week, several household items including hotels and bank services among other things, will also get costlier.