Sunday, 22 May, 2022
TopicGST Council

Topic: GST Council

Not just Rahul Gandhi, his core team likes to go on meditation breaks too

Pre-Truth — snappy, witty and significant snippets from the world of politics and government.

4 non-BJP states rule out GST rate hike ahead of council meet to discuss revenue boost

Representatives of MP, Chhattisgarh, Delhi and Puducherry say move will hurt consumers. Puducherry CM says can consider cess on sin goods.

Cutting income tax and raising GST makes no sense. Both need to fall together

Before govt decides to do either, it needs to take a view about the macroeconomic picture. Is this a time for fiscal expansion, or for fiscal consolidation?

Caffeinated drinks get doubly expensive, hotel rooms to be cheaper with revised GST rate

Finance Minister Nirmala Sitharaman announced a slew of revised GST rates after the GST Council met Friday. The new rates will be effective 1 October.

GST council reduces tax rate on electric vehicles to 5%

Goods and Services Tax on electric vehicles chargers were also slashed from 18% to 5%.

GST proved to be both consumer and business friendly, says Arun Jaitley

Twenty states independently show more than a 14% increase in their revenues, courtesy the two years of GST, writes former finance minister Arun Jaitley.

Why IAS officers are no fans of minister Piyush Goyal

Piyush Goyal has emerged as one of the stars of the Narendra Modi govt, but the IAS officers who served under him say he is rude and shouts often.

Homeowners of under-construction flats get GST relief after rates slashed to 5%

The GST Council also cut GST rates on affordable housing from 8% to 1%.

GST council extends deadline for return filing by 2 days for all states

The GST Council, which held a video conference, has also deferred its decision on GST on real estate and lottery till it meets again on Sunday.

Modi government’s GST sop for traders may take longer as August revenues drop 2.6%

Government wants to rationalise tax slabs to placate its core vote bank of traders but hits a revenue roadblock.

On Camera

YourTurn

Illustration by Ramandeep Kaur

Quad has a sea of challenges. Navy can take cue from a Maratha admiral who sank English ships

Even though Kanhoji’s navy held its own against the English and Portuguese, its fleet never truly modernised. Indian Navy could learn from his tale.
An attendant refills a two-wheeler with fuel at a petrol pump in New Delhi Saturday | ANI

Under fire for spiraling inflation, Modi govt announces excise duty cut on fuels, LPG subsidy

It has also decided to enhance the fertiliser subsidy for farmers, and reduce import duty on some raw materials. ‘It is always people first for us!’ tweets prime minister.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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