52nd GST Council Meeting Recommendations & Amendments
  • 09 Oct 2023 06:29 PM
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52nd GST Council Meeting Recommendations & Amendments

Source: https://taxguru.in/goods-and-service-tax/52nd-gst-council-meeting-recommendations-amendments.html

The 52nd GST Council Meeting, held in New Delhi on October 7, 2023, witnessed significant recommendations and amendments aimed at simplifying the Goods and Services Tax (GST) system in India. Chaired by Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, the meeting addressed various aspects of GST, from rate changes to trade facilitation measures and legal reforms.

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Invest in soft skills for enhanced workforce employability: Maharashtra minister Deepak Kesarkar
  • 09 Oct 2023 06:21 PM
  • New

Invest in soft skills for enhanced workforce employability: Maharashtra minister Deepak Kesarkar

Source: https://www.livemint.com/news/india/invest-in-soft-skills-for-enhanced-workforce-employability-maharashtra-minister-deepak-kesarkar-11696762746304.html

New Delhi: While the upcoming interim budget is expected to have welfare schemes that benefit the common man, it should also invest in upgrading soft skills like languages, Maharashtra’s education minister Deepak Kesarkar, who represented the state in the latest GST council meet, told Mint. This, he believes, would empower the country's workforce to fully harness its demographic advantages, particularly in international contexts.

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GST Council Meet: Tax-levying power on ENA ceded to states, distilled alcohol exempted; other key decisions
  • 07 Oct 2023 05:32 PM
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GST Council Meet: Tax-levying power on ENA ceded to states, distilled alcohol exempted; other key decisions

Source: https://www.livemint.com/economy/gst-council-meet-tax-reduced-on-millets-molasses-distilled-alcohol-exempted-other-key-decisions-11696674173601.html

The 52nd Goods and Services Tax (GST) Council meeting on Saturday, October 7, ceded the right to levy tax on extra neutral alcohol (ENA)-supplied for the manufacture of alcoholic liquors - to the states.

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Centre, states to informally discuss online gaming tax
  • 07 Oct 2023 05:10 PM

Centre, states to informally discuss online gaming tax

Source: https://www.livemint.com/economy/centre-states-to-informally-discuss-online-gaming-tax-11696620072350.html

New Delhi: The implementation of 28% goods and service tax (GST) on online gaming, horse racing and casinos will informally figure in discussions at Saturday’s GST Council meeting as the Centre is keen to see the new regime takes effect without hassles, said a person informed about Centre-state discussions.

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GST Council meeting today; Here is what to expect
  • 07 Oct 2023 05:13 PM

GST Council meeting today; Here is what to expect

Source: https://www.livemint.com/news/india/gst-council-meeting-today-here-is-what-to-expect-11696641008128.html

The GST Council is scheduled to convene on Saturday to deliberate on the unresolved reform issues.
The 52nd meeting of the council will take place in the capital city, as announced in a social media post by the council. However, the post did not disclose the precise topics or agenda for the meeting.

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Withdraw tax notices to online gaming industry: Delhi FM Atishi ahead of GST Council me
  • 07 Oct 2023 05:16 PM

Withdraw tax notices to online gaming industry: Delhi FM Atishi ahead of GST Council me

Source: https://www.livemint.com/industry/withdraw-tax-notices-to-online-gaming-industry-delhi-fm-atishi-ahead-of-gst-council-meet-11696654993945.html

New Delhi: Delhi's finance minister, Atishi, on Saturday warned that the recently proposed 28% Goods and Services Tax (GST) on online gaming firms could jeopardize the entire Indian startup sector, potentially leading to significant job losses and hampering foreign investments.

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No impact on liquor prices despite change in GST on key ingredient
  • 07 Oct 2023 05:28 PM

No impact on liquor prices despite change in GST on key ingredient

Source: https://www.livemint.com/news/india/no-impact-on-liquor-prices-despite-change-in-gst-on-key-ingredient-11696670122070.html

The Council, in its 52nd meeting on Saturday, decided to keep ENA out of GST ambit, in a relief to the liquor industry, a person informed about the discussions at the meeting said.

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GST Council Meet: Tax on millet flour preparation slashed to 5% from 28%; check details
  • 07 Oct 2023 05:31 PM

GST Council Meet: Tax on millet flour preparation slashed to 5% from 28%; check details

Source: https://www.livemint.com/economy/gst-council-reduction-in-tax-rates-for-millet-flour-food-preparations-11696673573120.html

The Goods and Services Tax (GST) Council on Saturday, October 7, decided to slash tax on millet flour food preparations from the current 18 per cent GST to 5 per cent, in an aim to make nutritious food items more accessible to the public. Millet flour, known for its nutritional value and health benefits, has gained popularity among health-conscious consumers in India.

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GST Council approves exemption of extra neutral alcohol from Goods and Services Tax: Report
  • 07 Oct 2023 05:22 PM

GST Council approves exemption of extra neutral alcohol from Goods and Services Tax: Report

Source: https://www.livemint.com/economy/gst-council-approves-exemption-of-extra-neutral-alcohol-from-goods-and-services-tax-report-11696658204611.html

The GST Council on 7 October approved exemption of extra neutral alcohol (ENA) from GST when supplied for the manufacture of alcoholic liquors, CNBC-TV18 has reported. As per the report, both grain-based and molasses-based ENA will be exempted from GST.

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GST hiring rules may be eased
  • 06 Oct 2023 05:38 PM

GST hiring rules may be eased

Source: https://www.livemint.com/news/india/gst-hiring-rules-may-beeased-11696526279358.html

NEW DELHI : Federal indirect tax body the Goods and Services Tax (GST) Council meeting on Saturday will consider relaxing the norms for appointing members to the planned 31 GST appellate tribunals so that these dispute redressal forums can start their work quickly, said a person informed about the development.

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