New delhi: the gst council on thursday met for the 25th time, following which finance minister arun jaitley announced that tax rates on 29 items and 53 categories of services will be put in a lower category it may be noted that the gst rates have been lowered for biodiesel, biodiesel-run buses rates. Following the assent of gst bill, the union cabinet in a meeting held on 12th september, 2016 approved setting-up of gst council and setting-up of its secretariat further, finance minister shri arun jaitley also decided to call the first meeting of the gst council on 22nd and 23rd september 2016 in. Bhubaneswar: sri shashi bhusan behera, minister, finance and excise has become a member in the ministerial committee of gst council it has been communicated in a letter from centre it is stated that a group of ministers (gom) to monitor and resolve the it challenges faced in implementation of gst. The 25th gst council meet has ended in new delhi's vigyan bhavan the council has cut tax rate on several goods and servicesspeaking to media post the gst meet, finance minister arun jaitley said nandan nilekani, as part of infosys, the service provider. New delhi: finance minister arun jaitley on tuesday debunked congress' claim that it forced the government to lower tax on over 200 goods, saying this rationalisation is 3-4 month exercise, he said, adding that the gst council decided on the rate cut on the recommendation of a fitment committee. Congress fms will force changes in gst council meeting today agra, surat, tiruppur and other hub towns are watching — p chidambaram (@ pchidambaram_in) november 10, 2017 while congress-ruled states have written to union finance minister arun jaitley to cap gst at 18 per cent, even bjp's.
Finance ministry mulls making gstn 100% state-run entity gst council to take final call the government is in favour of making gstn a wholly-owned company with 100 percent shareholding, but a final call would be taken by the gst council, headed by jaitley and comprising state counterparts, in its. Finance minister arun jaitley to chair 25th gst council meeting today the council is expected to hold talks on bringing real estate, stamp duty on a property before registration, petrol and diesel products under the ambit of the taxation scheme. New delhi: state finance ministers and their counterpart in the central government arun jaitley will hold wide-ranging talks on thursday about state finances and indirect taxation at the 25th meeting of the goods and services tax (gst) council and a pre-budget consultation in the national capital.
Finance minister arun jaitley also said the next meeting of the council might consider bringing items like crude oil, natural gas, petrol, diesel, atf and real estate within the gst purview. The 27th meeting of gst council chaired by finance minister arun jaitley has approved proposal of convert gst network (gstn) into government entity from current private entity status by taking over stakes held by private entities the council has agreed to buy out stake of private entities in gstn following the move. Description: department of revenue functions under the overall direction and control of the secretary (revenue) it exercises control in respect of matters relating to all the direct and indirect union taxes through two statutory boards namely, the central board of direct taxes (cbdt) and the central board of excise and. The 25th meeting of the goods and services tax (gst) council will be convened on january 18 at vigyan bhawan in new delhi this comes ahead of a crucial budget on february 1 with the masses expecting relief for them, looking to lessen their burden the gst council, headed by finance minister.
Finance minister arun jaitley-chaired gst council will meet on may 4 to discuss a simpler return form and the amendments required in the indirect tax regime rules the 27th meeting of the. Revision of nearly 100 items were on the agenda in the gst council's meeting scheduled on sep 9,2017 of which only 40 items could be taken up for discussion the gst council headed by finance minister arun jaitley is likely to discuss reducing rates of close to 60 items in its next meeting on october.
Finance minister arun jaitley will chair the 26th meeting of the goods and services tax (gst) council on saturday 10 mar 2018. In november, real estate developers had met with officials of finance ministry over gst to be levied on properties owned by private builders.
Former finance minister p chidambaram on friday said there will be a lot of changes to the goods and services tax rates based on negotiations at the gst council meeting on november 9 and 10 in guwahati chidambaram accused the prime minister narendra modi-led government of avoiding a debate. In pursuance of decision taken in the 21st meeting of gst council held on 9th september, 2017 at hyderabad, the union finance minister,shri arun jaitley today constituted a group of ministers and a committee on exports the group of ministers (gom) has been constituted under the convenorship of the. Sushil modi writes to bengal finance minister amit mitra to postpone the panel's meeting.
The goods and services tax (gst) council, headed by finance minister arun jaitley, will likely take up as early as in its next meeting, a proposal for the imposition of a cess on sugar to create a fund that will help mills clear cane dues owed to farmers, a senior government official told fe the fund is. 5 days ago the 27th meeting of the gst council on may 4 will consider introduction of simplified tax return form, incentives for digital payments and a proposal to convert gst network into a government company the union finance minister arun jaitley-chaired council, comprising state finance ministers, will meet. The goods and services tax council (gst council) on thursday cut tax rates on 29 products and 54 services at its 25th meeting and agreed to make the process of filing tax returns simpler at the meeting chaired by finance minister arun jaitley, the federal indirect tax body cut rates on products including.
Finance minister arun jaitley speech @ gst council meet || delhi || ntv for more latest updates on news : ▻ subscribe to ntv news channel: 75pj. Finance minister arun jaitley will be chairing the 25th meeting of the goods and services tax (gst) council here on thursday the council is expected to hold talks on bringing real estate, stamp duty on a property before registration, petrol and diesel products under the ambit of the taxation scheme. Gst rate changed for 29 goods, 53 categories of services business | ndtv profit team | friday january 19, 2018 gst rate changed for 29 goods, 53 categories of services the gst council in its 25th meeting also considered simplification of return filing process, the finance minister said arun jaitley's comeback.