This is the first meeting of the GST council after the formation of the new government.
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The GST Council meeting, chaired by union finance minister Nirmala Sitharaman, will address immediate business needs, clarify issues like extra neutral alcohol (ENA), and prioritize legal amendments for the Finance Bill. The meeting will exclude reviewing levies on online gaming and casinos despite lobbying efforts. Sitharaman plans to present her tax proposals in the upcoming Budget next month.
This is the first meeting of the GST council after the formation of the new government.
Union Finance Minister Nirmala Sitharaman chairs the 53rd GST Council meeting at Bharat Mandapam in New Delhi, with state finance ministers, leading...
The GST council meeting took place after a gap of eight months. The last meet took place on October 7, 2023.
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Sitharaman also announced that the GST Council recommended extending the time limit to furnish details and the returns in form GSTR 4 from April 30 to...
Haryana finance minister Jai Prakash Dalal, who was in Delhi to attend a pre-budget meeting held under the chairmanship of Union finance minister...
With this, Nirmala Sitharaman will become the first finance minister to present seven consecutive Union Budgets
Budget 2024: The government may also lower income tax rates for individuals earning annual incomes of ₹10 lakh.
The Full Budget for 2024-25 is likely to be presented by Finance Minister Nirmala Sitharaman in the Parliament next month.