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  GST 2.0 to take effect from today: Full list of what gets cheaper

  Business | September 22, 2025 7:04 IST

  The next-generation GST reforms will come into effect from September 22. Under these, prices of several items and products, including electronics, food and automobiles, will get reduced. So, as GST 2.0 takes effect, let's take a look at what will get cheaper from September 22.

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  GST rate cuts from September 22: Here's the complete list of goods exempted from tax

  September 04, 2025 8:15 IST

  GST rate cuts: The GST Council has introduced a two-tier rate structure of 5 per cent and 18 per cent effective September 22, slashing taxes on most personal-use goods while exempting life and health insurance premiums entirely.

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  GST Council postpones decision on reducing tax for life, health insurance premiums

  Business | December 21, 2024 14:41 IST

  The GST Council has postponed its decision on reducing tax rates for life and health insurance premiums. With further deliberations planned for January, key proposals include exemptions on term life insurance and premiums for senior citizens.

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  GST rejig: Tax rates changed for some goods and services, here's what gets cheaper and costlier

  Business | October 19, 2024 21:18 IST

  Goods and Services Tax is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Under GST, essential items are either exempted or taxed at the lowest slab, while luxury and demerit items attract the highest slab. Luxury and some goods attract cess on top of the highest 28 per cent

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  GST Council reduces taxes for cancer drugs, namkeen | Check details

  India | September 09, 2024 20:42 IST

  The 54th GST Council meeting introduced several key changes in GST rates, including reductions for cancer drugs and adjustments for various goods. Notable updates include a rate cut for extruded snacks, a new reverse charge mechanism for metal scrap, and an increase in GST rates for car seats.

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  What GST Council has decided on demands of tax cuts in health insurance premiums | Details

  Business | September 09, 2024 20:36 IST

  There has been a widespread demand to remove the 18 per cent GST on health insurance premiums so that the extra burden is not imposed on the insured, thereby increasing the ambit of coverage.

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  Will petrol, diesel come under GST? | Here's what FM Sitharaman said in GST council meeting | VIDEO

  Business | June 23, 2024 6:03 IST

  GST council meeting: In another taxpayer-friendly measure, the GST Council has decided to introduce Form GSTR 1A to enable taxpayers to add information they have missed when filing Form GSTR 1.

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  Nirmala Sitharaman holds pre-budget consultation meeting with finance ministers of state, UT

  Business | June 22, 2024 11:51 IST

  Union Finance Minister Nirmala Sitharaman has been holding pre-budget consultation meetings with various stakeholders, economists and experts since June 19. The upcoming budget is the first budget of Modi government after winning the third term.

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  GST Council to meet on June 22, likely to review online gaming taxation

  Business | June 13, 2024 16:27 IST

  The Union Finance Minister Nirmala Sitharaman will chair the 53rd Goods and Services Tax Council meeting, with finance ministers from states, among others in attendance.

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  Finance Minister Nirmala Sitharaman chairs 52nd GST Council meeting

  India | October 07, 2023 12:07 IST

  GST Council meeting: Earlier the Ministry of Finance had said that the gross Goods and Services Tax revenue collected in the month of September was Rs 162,712 crore. The monthly revenue is 10 per cent higher than the collection the same month the previous year.

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  GST Council exempts cancer fighting drugs and medicines for rare diseases from GST tax I DETAILS

  Business | July 11, 2023 21:56 IST

  The panel, headed by the Union finance minister and comprising representatives of all states and UTs, also lowered the service tax levied on food and beverages consumed in cinema halls to 5 per cent.

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  50th GST council meeting: Setback for online gaming, horse racing, casinos; to attract 28% tax

  Business | July 11, 2023 20:57 IST

  The GST Council, which held its 50th meeting under the chairmanship of Union Finance Minister Nirmala Sitharaman, decided to remove the distinction of game of skill and chance in case of online gaming.

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  GST Council meet: All eyes on states' compensation; 28% tax on online gaming, casinos, horse racing

  Business | June 30, 2022 9:49 IST

  Severa non-BJP ruled states want the compensation regime to be extended by 5 years or the share of states in the GST revenues be increased to 70-80 per cent from the current 50 per cent.

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  GST council meeting: Council clears proposal to remove tax exemptions on some items

  Business | June 28, 2022 22:49 IST

  The GoM had suggested withdrawal of GST exemption on a host of services including on hotel accommodation of less than Rs 1,000 per day and replacing it with a 12 per cent tax. 

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  GST Council meet: States' compensation, easier e-comm suppliers' registration, tax tweaks on cards

  Business | June 28, 2022 13:08 IST

  GST Council meet: The council may see a stormy discussion around compensation payout to states with opposition-ruled states aggressively pushing for its continuation beyond the five-year period which ends in June.

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  GST Council's 47th meeting to be held on June 28-29 in Srinagar

  Business | June 16, 2022 23:43 IST

  This is the second time that the GST Council meeting is being held in Srinagar. Before the launch of the Goods and Services Tax (GST) on July 1, 2017, the 14th meeting of the Council was held on May 18 and 19 in the city. GST rates on 1,211 items were approved at the two-day meeting.

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  GST Council meeting in Lucknow on Friday

  Business | September 16, 2021 14:39 IST

  Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday.

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  GST council slashes tax on oximeters, hand sanitisers, Covid testing kits

  Business | June 12, 2021 16:46 IST

  The GST Council on Saturday slashed the tax rate on coronavirus medicines such as Remdesivir and equipment like oxygen concentrators and medical grade oxygen.

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  Govt to give Rs 10,000 special festival advance to all employees; LTC cash voucher scheme announced

  Business | October 12, 2020 13:31 IST

  Finance Minister Nirmala Sitharaman said the employees could buy items that attract 12 per cent or more goods and services tax (GST). These purchases will have to be made in digital mode from GST-registered outlets.

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  GST Council meet today to discuss compensation issue

  Business | October 12, 2020 9:54 IST

  As the GST compensation cess issue still remains unresolved with around 10 opposition-ruled states and Union Territories not agreeing with the Centre's borrowing proposals, the GST Council, consisting of all state Finance Ministers and headed by the Union Finance Minister, will meet today to discuss and try to reach to a consensus on the matter.