GoM proposes to slash GST on water bottles, bicycles; raise rate on shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation proposed reducing GST on packaged drinking water bottles, bicycles, ...
GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watches
GST rate rationalisation GoM lowers tax on water, bicycles, notebooks to 5%, proposes hike on watches, shoes. Revenue gain ...
GoM proposes GST cuts on health insurance, essentials: Here's what will likely get cheaper
The final decision on these proposals will be made by the GST Council, chaired by FM Sitharaman, during its upcoming meeting in November.
GoM suggests higher GST rates for premium products, relief for senior citizens' health insurance
A group of ministers examining Goods and Services Tax (GST) rates has proposed moving certain premium shoes and watches into the 28% tax bracket from the current 18%. This price-based GST approach may ...
GoM recommends lowering GST rate on water bottles, bicycles to 5%: Report
The GoM on GST rate rationalisation on Saturday decided to lower tax rates on 20-litre packaged drinking water bottles, ...
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GoM proposes to raise GST on luxury shoes, watches, aims revenue boost by Rs 22,000 cr
In a significant development, the Group of Ministers (GoM) on Saturday agreed upon some Goods and Services Tax (GST) rate ...
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Tax Breaks On Insurance Premiums Expected As GoM Supports GST Exemptions For Key Sectors
Senior citizens are expected to benefit from GST exemption on health insurance premiums. For others, health insurance cover ...
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GoM To Cut GST On 20-Litre Water Bottles, Bicycles To 5%; Raise Rate On Shoes, Watches
The rate rejig decision taken by the GoM on GST rate rationalisation under Bihar Deputy Chief Minister Samrat Chaudhary would ...
GoM moots GST relief for health insurance premium
The Group of Ministers (GoM) constituted by the GST Council to look into the demand for lower rates on health and life ...
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GoM proposes GST exemption on health insurance policies
The Group of Ministers has suggested GST exemption on term insurance and health insurance policies for senior citizens ...
GoM favours no GST on term life insurance, health insurance for senior citizens
States advocate for exempting health insurance premiums for seniors, term life insurance, and propose tax changes on various ...
GoM proposes exemption of health insurance premiums, term life cover from GST
The Group of Ministers (GoM) on GST rate rationalisation said on Saturday that health insurance premiums paid by senior ...