The GoM on GST rate rationalisation deferred reworking slabs but reviewed rates in the 12% and 18% categories. Focus areas include health insurance, restaurants, and some food products. Despite strong lobbying, no changes were made to the 28% levy on online gaming. Further rate changes are expected after discussions at the GST Council meeting on Sept 9.
Ministers panel on GST reviews rates of several categories
Categories:
Related Post
Johnson moves forward on House vote to stop government shutdown with noncitizen voting prevention attachedJohnson moves forward on House vote to stop government shutdown with noncitizen voting prevention attached
House Speaker Mike Johnson, R-La., announced Tuesday that he was moving forward with a chamber-wide vote to stop a government shutdown with a bill attached meant to crack down on
McKinsey unit will pay $123 million to settle claims it bribed South African officialsMcKinsey unit will pay $123 million to settle claims it bribed South African officials
The scheme to bribe two South African state-controlled companies helped McKinsey and McKinsey Africa net approximately $85 million in profits, the DOJ said.
Indian IT hiring in 2025: The jobs that will be in biggest demandIndian IT hiring in 2025: The jobs that will be in biggest demand
Indian IT hiring is set for a robust rebound in 2025 after facing a 7% dip in 2024. Economic improvements and technological advancements, especially in AI and cybersecurity, promise 15-20%