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

IAS Officer Vivek Kumar Dewangan Takes Charge as NCSC Secretary

Vivek Kumar Dewangan, IAS, has been appointed as Secretary of the National Commission for Scheduled Castes (NCSC). In his...
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Appointment

KIMS Hospitals Appoints Rahul Dev to Lead CIS & SAARC Business for Bangalore Units

KIMS Hospitals has appointed Rahul Dev as Regional Head – CIS & SAARC for its Bangalore units. In his...
Appoitment

Upendra Chaturvedi Appointed Chief Technology Officer at Bandhan Bank

Bandhan Bank has appointed Upendra Chaturvedi as its Chief Technology Officer (CTO). In his new role, Chaturvedi will lead...