Tag:GST

News

GST Reforms on Medicines, Medical Devices, and Insurance

New GST rates effective September 22, 2025, have ushered in dramatic reductions across healthcare essentials. Most medicines now attract only 5% GST (down from...
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Energy

GST Cut to Bring Down Renewable Energy Project Costs, Says MNRE

The Ministry of New and Renewable Energy (MNRE) announced that reducing the GST on renewable energy equipment from 12% to 5% will significantly lower...
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News

GST Collections for July 2024 Released: Available on GST Website

The Goods and Services Tax (GST) collections for July 2024 have been released and are now available on the official GST website (https://www.gst.gov.in). The...
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Article

Should Government Remove 18% GST on Life and Medical Insurance Premiums?

In a recent appeal, Union Minister Nitin Gadkari advocated for the removal of the 18% Goods and Services Tax (GST) on life and medical...
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BFSI

GST Council Meet: Nirmala Sitharaman Announces Rate Changes, Exemptions for Various Items

The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman in New Delhi. The meeting was...
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News

Gross GST Revenue Collection in May Records 10% Year-on-Year Growth

The gross Goods and Services Tax (GST) revenue for the month of May 2024 stood at ₹1.73 lakh crore. This represents a 10% year-on-year...
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Jobs

Ministry of Finance Invites Applications for Posts in GST Appellate Tribunal

The Department of Revenue (DoR), Ministry of Finance has announced vacancies for the appointment of Judicial Members, Technical Members (Centre), and Technical Member (State)...
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News

GST Revenue Reaches ₹1.72 Lakh Crore in October 2023; Second Highest Ever

The gross GST revenue collected in the month of October, 2023 is ₹ 1,72,003 crore out of which ₹ 30,062 crore is CGST, ₹ 38,171 crore is SGST, ₹ 91,315 crore (including...
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Transfer/Appointment

Lt. Gen Syed Ata Hasnain (Retd.) Appointed Governor of Bihar

Lt. Gen Syed Ata Hasnain (Retd.) has been appointed as the Governor of Bihar, marking the transition of the...
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Appoitment

Sanjay Agarwal Reappointed as MD & CEO of AU Small Finance Bank

AU Small Finance Bank has reappointed Sanjay Agarwal as its Managing Director & Chief Executive Officer, reaffirming leadership continuity...
Transfer/Appointment

Odisha IAS Reshuffle: Key Changes Across MSME, Industry and Governance Sectors

The Government of Odisha has issued a fresh round of administrative adjustments among senior IAS officers, as per a...