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

Kaviarasan K Appointed Director in the Ministry of Home Affairs

Kaviarasan K, IES has been appointed Director in the Ministry of Home Affairs (MHA), taking on a senior administrative...
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Appointments

IA&AS Officer Akshay Gopal Appointed Deputy Secretary in Petroleum Ministry

Akshay Gopal (IA&AS) officer, has been appointed Deputy Secretary in the Ministry of Petroleum and Natural Gas. The appointment...
Transfer/Appointment

IAS Mamta Yadav Assumes Charge as Director of J&K DIPR

IAS Mamta Yadav has assumed charge as Director of the Jammu and Kashmir Department of Information and Public Relations...