Page 4 - Gst Council

GST Council extends levy of compensation cess till March 2026

The GST Council has agreed to levy compensation cess for an extended period upto March 2026 to enable the Centre to repay the loans, to compensate states for GST collection shortfall

Top headlines: Govt guarantees Rs 30,600-cr for bad bank; GST meeting today

Business Standard brings the top headlines of the day

Compensation cess and petroleum to fire up GST Council meeting

The Centre is likely to convey that GST revenues would do better than expected this year and a compensation cess of Rs 1 trillion would be released to states

Next steps for GST Council

It should address issues with a longer-term view

GST council: Kerala to oppose move to bring petrol, diesel under GST regime

Kerala on Thursday said it will vehemently oppose any move to bring petrol and diesel under the GST regime as that will further reduce revenue generation for the state

GST Council: Kerala to oppose move to increase tax on coconut oil

Kerala will oppose the move to increase the tax on coconut oil as it will affect the interests of the people of the state, official sources said here on Thursday.

Sitharaman to address media at 5pm, may speak on bad bank proposal

Finance Minister to speak in Delhi ahead of GST council meeting in to Lucknow tomorrow.

GST Council likely to reject CCI plea for exemption of indirect tax

Fitment committee recommends rejecting MoSPI request for a waiver

GST Council may deliver blow to food-delivery operators Swiggy, Zomato

Many restaurants are not depositing GST, while some are not even registered

Hike tax on tobacco to reduce affordability, protect children: K'taka body

Consortium for Tobacco-Free Karnataka and other organizations working on tobacco regulation on Tuesday urged the GST council to hike the compensation cess on all tobacco products

GST Council to weigh bringing fuel under indirect tax regime: Report

Any change to the GST system would require approval by three-fourths of the panel, which includes representatives from all states and territories

Top headlines: Tata Sons AGM today, GST Council meet on Friday

Business Standard brings the top headlines of the day

GST Council may allow intra-state pharma cess, discuss states' dues

It may discuss extending the compensation cess for states beyond 2022

No FTA with nations you have armed conflict with: Fin secy on RCEP decision

Somanathan said that a dose of carefully calibrated tariff protection for select sectors showing potential may be desirable

GST Council special session will be held on compensation-related issues: FM

She also said that the flow of Covid-19 vaccination across the country will be well managed and all states will be taken care of

Four years of GST

Some distance covered but there is scope for a huge improvement

GST at four: A dive into the milestones and the unfinished agenda

GST Council must maintain revenue momentum, simplify rate structure, and strengthen cooperative federalism in spirit and letter

GST Council meets become toxic, consider course correction: Mitra to FM

West Bengal minister Amit Mitra on Wednesday urged Union Finance Minister Nirmala Sitharaman to consider a "course correction" to rebuild faith.

GST: A turning point?

The recent upsurge in revenues offers the prospect of the country breaking out of the long-stagnant tax-to-GDP ratio

GST Council becoming authoritarian and majoritarian: Bengal FM Amit Mitra

Mitra said that the GST Council was the only federalist institution, but in the last few years, an omnipotent, authoritarian and majoritarian approach was creeping into the GST Council.