West Bengal's relentless efforts pay off as Centre considers GST exemption for health insurance premiums
2 months ago

West Bengal's relentless efforts pay off as Centre considers GST exemption for health insurance premiums

The Hindu  

West Bengal Chief Minister Mamata Banerjee claims that the Centre's likely decision to exempt Goods and Services Tax (GST) on term life insurance premiums and premiums paid by senior citizens for health coverage is the result of sustained efforts by the State Government. The Chief Minister shared a letter she had written to the Union Finance Minister in August, warning how their decision to keep 18% GST on health and medical insurances would deter vulnerable individuals from securing or maintaining their insurance coverage.

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History of this topic

What gets cheaper, what is costlier after GST Council meet? Details here
1 day, 20 hours ago

What gets cheaper, what is costlier after GST Council meet? Details here

Hindustan Times  

The 55th GST Council meeting, chaired by Union finance minister Nirmala Sitharaman in Jaisalmer, Rajasthan, on Saturday, brought changes affecting the prices of various goods and services. 2) Rice kernels, AAC blocks, raisins, pepper The GST Council has cut GST rates on the fortified rice kernels used for public distribution to 5% from 18% earlier. 4) Quick commerce, ecommerce, food …

55th GST council meeting in Jaisalmer on December 21, 2024: Finance Minister Nirmala Sitharaman media briefing
2 days, 8 hours ago

55th GST council meeting in Jaisalmer on December 21, 2024: Finance Minister Nirmala Sitharaman media briefing

The Hindu  

A much-anticipated review of the Goods and Services Tax levies on life and health insurance policies was put off by the apex body in charge of the indirect tax regime, the GST Council at its 55th meeting on Saturday, as some members sought more discussions on the matter before taking a final call. Moreover, rate rationalisation suggestions pertaining to about …

GST Council Delays Decision On Tax Reduction For Life, Health Insurance Premiums
Trending News
2 days, 14 hours ago

GST Council Delays Decision On Tax Reduction For Life, Health Insurance Premiums

ABP News  

The GST Council on Saturday deferred its decision on reducing the tax rate on life and health insurance premiums, according to officials. The GoM also recommended exempting GST from health insurance premiums paid by individuals, excluding senior citizens, for policies with coverage up to Rs 5 lakh. However, premiums for health insurance policies offering coverage exceeding Rs 5 lakh will …

GST Council meets to decide on lower taxes on insurance policies, ATF inclusion
Trending News
2 days, 15 hours ago

GST Council meets to decide on lower taxes on insurance policies, ATF inclusion

Deccan Chronicle  

Jaisalmer: The 55th GST Council meeting which is expected to decide on reducing the tax rate on health and life insurance, besides considering rate rejigs on 148 items began here on Saturday. However, 18 per cent GST will continue on premiums paid for policies with health insurance cover of over Rs 5 lakh. The four-tier tax slab of 5, 12, …

GST Council postpones decision to cut tax on insurance, rate panel defers report submission
Top News
2 days, 16 hours ago

GST Council postpones decision to cut tax on insurance, rate panel defers report submission

The Hindu  

A GST Council meeting on Saturday postponed a decision on reducing taxes on health and life insurance, while the much talked-about GoM recommendation of rate rejig in 148 items was not tabled before the Council. “We will submit the GoM report on rate rationalisation in next meeting of Council,” said Mr. Chaudhary who is the convenor of the panel. The …

55th GST Council Meeting: Raises tax on used car sales; postpones debates on insurance, 'sin' products
2 days, 23 hours ago

55th GST Council Meeting: Raises tax on used car sales; postpones debates on insurance, 'sin' products

New Indian Express  

The 55th Goods and Services Tax Council meeting, held in Jaisalmer, Rajasthan, under Finance Minister Nirmala Sitharaman on Saturday, deferred discussions on the much-anticipated proposal to restructure GST on insurance premiums. The GST Council also postponed discussions on the widely discussed rate rationalisation for various consumer items, including so-called ‘sin’ products. Under the current GST framework, e-commerce platforms face specific …

CM Mohan Charan Majhi to attend GST, finance ministers' meet
4 days, 23 hours ago

CM Mohan Charan Majhi to attend GST, finance ministers' meet

New Indian Express  

BHUBANESWAR : Chief Minister Mohan Charan Majhi will embark on a four-day visit to Delhi and Rajasthan beginning December 19 to attend the 55th meeting of the GST council to be held at Jaisalmer on December 21. The state government, which had asked for higher allocations of central funds to the state to accelerate infrastructure development at the last meeting …

GST Council Meeting: Industry eyes tax relief on health insurance premiums, higher levies on luxury items
1 week, 4 days ago

GST Council Meeting: Industry eyes tax relief on health insurance premiums, higher levies on luxury items

Live Mint  

Industry experts expect a reduction in GST rates on health insurance at the forthcoming GST Council meeting on December 21, 2024. However, if health insurance is exempted from GST for all or specified persons, the insurance companies would lose out on input tax credits to that extent and accordingly, the reduction in costs can be less than the amount of …

GST Council to Review GoM’s Insurance Tax Suggestions Soon
4 weeks ago

GST Council to Review GoM’s Insurance Tax Suggestions Soon

Deccan Chronicle  

New Delhi: Recommendations of the Group of Ministers looking into issues pertaining to GST on life and health insurance will be placed before the GST Council when received, Parliament was informed on Monday. After detailed deliberations, the Council recommended constituting a GoM to holistically look into issues pertaining to GST on life and health insurance. First meeting of the GoM …

GST Council’s December Meet: Waiver of levy on health, life insurance premiums on agenda
1 month ago

GST Council’s December Meet: Waiver of levy on health, life insurance premiums on agenda

Live Mint  

The GST Council will convene its 55th meeting on December 21 in Jaisalmer, Rajasthan, to address crucial policy changes, including possible tax relief on health and life insurance premiums. The council, chaired by Union Finance Minister Nirmala Sitharaman and including state finance ministers, is expected to also deliberate on rate reductions for essential goods, as per a report by PTI. …

GST Council To Meet In Jaisalmer On Dec 21; Key Decisions On Insurance And Rate Cuts Likely
1 month ago

GST Council To Meet In Jaisalmer On Dec 21; Key Decisions On Insurance And Rate Cuts Likely

ABP News  

The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is scheduled for December 21 in Jaisalmer, Rajasthan. The council, comprising state finance ministers, is expected to deliberate on major tax policy changes, including a decision on exempting or reducing GST rates on health and life insurance policies. Following discussions last month, the GoM has proposed …

GST Council to meet in Jaisalmer on Dec 21; may decide on insurance levy, rate rationalisation
1 month ago

GST Council to meet in Jaisalmer on Dec 21; may decide on insurance levy, rate rationalisation

Deccan Chronicle  

New Delhi: The GST Council will meet on December 21 in Jaisalmer, in which the much-awaited decision on exemption or lower GST rate on health and life insurance is likely to be taken. The council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, may also take up some rate rationalisation exercise and reduce tax rates on …

Nirmala Sitharaman to begin pre-budget consultation with state FMs in December
1 month, 1 week ago

Nirmala Sitharaman to begin pre-budget consultation with state FMs in December

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman is likely to meet her state counterparts on December 21-22 for pre-budget consultations and the GST Council meeting is expected to be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken, a senior finance ministry …

Nirmala Sitharaman to meet State FMs for pre-Budget, GST Council meet on Dec 21-22
1 month, 1 week ago

Nirmala Sitharaman to meet State FMs for pre-Budget, GST Council meet on Dec 21-22

The Hindu  

Union Finance Minister Nirmala Sitharaman is likely to meet her State counterparts on December 21-22 for pre-budget consultations and meeting of the GST Council, an official said. The 55th GST Council meeting would be held during one of these two days in which the much-awaited decision on exemption or lower GST rate on health and life insurance would be taken. …

Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
1 month, 1 week ago

Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22

Deccan Chronicle  

New Delhi: Union Finance Minister Nirmala Sitharaman is likely to meet her state counterparts on December 21-22 for pre-budget consultations and meeting of the GST Council, an official said.The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025. However, 18 per cent GST will continue on premiums paid …

Group of Ministers to review tax rates on health, life insurance
3 months, 1 week ago

Group of Ministers to review tax rates on health, life insurance

The Hindu  

The GST Council constituted a 13-member Group of Ministers on Sunday to suggest GST rates on premiums of various health and life insurance products. It will also suggest tax rates on life insurance, including term insurance, and life insurance with investment plans, whether individual or group, and re-insurance. Some opposition-ruled states, including West Bengal, had demanded complete exemption for health …

​Soothing salvo: On new Group of Ministers and tax changes for insurance policies
3 months, 1 week ago

​Soothing salvo: On new Group of Ministers and tax changes for insurance policies

The Hindu  

Meeting for the second time after the 2024 general election results, the Goods and Services Tax Council on Monday sought to calm some of the rising clamour against the 18% indirect tax levy on insurance premium payments. A new Group of Ministers is being formed to urgently recommend tax changes for life and health insurance policies, with an assurance the …

Priorities askew with high insurance tax, cheaper fried snacks
3 months, 1 week ago

Priorities askew with high insurance tax, cheaper fried snacks

New Indian Express  

The GST Council, which reviews the goods and services tax levied on specific items and categories, has thoughtfully reduced the tax on a few cancer drugs and on educational institutions’ R&D services. But for reasons that are still cloudy, the council has also given cholesterol a boost by reducing the rate on fried snacks to 12 percent and rewarded high-fliers …

GST Council meeting: New GoM on health insurance to submit report by October; Council may take a call on 18% GST levy in November
3 months, 2 weeks ago

GST Council meeting: New GoM on health insurance to submit report by October; Council may take a call on 18% GST levy in November

The Hindu  

To soothe the growing clamour for a reduction in the 18% tax levy on the premium paid for health and life insurance policies, the Goods and Services Tax Council on Monday set the stage for a possible rethink by mandating a stiff 50-day deadline for a new Group of Ministers to review the tax rate. The Council’s chair, Union Finance …

What GST Council has decided on demands of tax cuts in health insurance premiums | Details
3 months, 2 weeks ago

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

India TV News  

The GST Council on Monday set up a new Group of Ministers on rate reduction on medical health insurance, Finance Minister Nirmala Sitharaman announced. The medical health insurance GoM which has been set up is essentially the already established GoM on rate rationalisation, headed by the Deputy Chief Minister of Bihar Samrat Chaudhary. The GoM will have to make deliberations …

GST Council lowers tax on cancer drugs to 5%, to finalise cuts on health and life insurance premiums
3 months, 2 weeks ago

GST Council lowers tax on cancer drugs to 5%, to finalise cuts on health and life insurance premiums

New Indian Express  

MUMBAI: After much hue and cry over 18% GST on health and life insurance premiums, the GST Council in its 54th meeting on Monday reached a broad consensus on reducing taxes and decided to constitute a Group of Ministers to deliberate on the issue. In the meeting chaired by Finance Minister Nirmala Sitharaman, the GST Council also made several key …

GST Council delays decision on insurance premiums to next meeting: Report
3 months, 2 weeks ago

GST Council delays decision on insurance premiums to next meeting: Report

India Today  

The wait for relief on health insurance premiums just got a bit longer as the GST Council has postponed its decision to cut the Goods and Services Tax on health and life insurance. The GST Council meeting was expected to bring some relief to individuals, especially senior citizens, by reducing the GST rate applied to health insurance policies. The council …

GST Council to deliberate on taxation of insurance premium, report on online gaming
3 months, 2 weeks ago

GST Council to deliberate on taxation of insurance premium, report on online gaming

The Hindu  

The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM's suggestions on rate rationalisation, and a status report on online gaming, sources said. The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, will decide on whether to reduce the tax burden on health insurance from the …

GST Council meets today to discuss rate rationalisation, tax on insurance
3 months, 2 weeks ago

GST Council meets today to discuss rate rationalisation, tax on insurance

New Indian Express  

MUMBAI: The GST Council will be meeting later on Monday to discuss an array of important issues, including the much-discussed GST rate on life and health insurance policies. The meeting may also discuss rationalisation of rate structure under the GST. As per sources, the Council may also announce extending the GST amnesty scheme for another year—FY21. In addition to these …

GST Council to deliberate on taxation of insurance premium, report on online gaming
3 months, 2 weeks ago

GST Council to deliberate on taxation of insurance premium, report on online gaming

New Indian Express  

NEW DELHI: The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM's suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources said the fitment committee, comprising Centre and state tax officials, will present a report on GST levied on life, health and reinsurance premiums and …

Karnataka urges Centre to reconsider 18% GST on health insurance
3 months, 2 weeks ago

Karnataka urges Centre to reconsider 18% GST on health insurance

The Hindu  

The Karnataka government on Friday urged the Centre to reconsider the 18% Goods and Services Tax for the middle-income and low-income policyholders on health insurance. In a letter to Prime Minister Narendra Modi on September 6, Karnataka’s Health Minister Dinesh Gundu Rao has urged him to recommend to the GST Council, which is due to meet on the September 9, …

Tax on term life insurance may be exempted by GST Council: What will change for you
3 months, 3 weeks ago

Tax on term life insurance may be exempted by GST Council: What will change for you

Hindustan Times  

The GST Council is likely to exempt term life insurance policies from the goods and services tax. Term life insurance exemption from GST could result in ₹ 200 crore annual revenue loss but make it more affordable. Term life insurance is a pure protection plan that offers financial security to the beneficiaries in case of the policyholder’s death during the …

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18% GST on insurance premiums
3 months, 4 weeks ago

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18% GST on insurance premiums

The Hindu  

TMC leader Derek O'Brien has urged Finance Minister Nirmala Sitharaman to "urgently review" and withdraw the 18% GST on health and life insurance premiums during the upcoming GST Council meeting. Mr. O'Brien, in a letter dated August 24, demanded that the GST on health and life insurance premiums be withdrawn at the 54th meeting of the GST Council. "The 18% …

GST: Infosys, foreign airlines, shipping lines may see relief as concerns rise for ‘ease of doing business’, says report
4 months ago

GST: Infosys, foreign airlines, shipping lines may see relief as concerns rise for ‘ease of doing business’, says report

Live Mint  

The Centre is likely to give some GST relief to corporates, including IT major Infosys, foreign airlines and foreign shipping lines, amid growing concerns over ease of doing business, CNBC-TV18 reported, citing sources. It added that the Directorate General of GST Intelligence's spree of notices to Infosys, foreign airlines, and shipping lines is also in focus. Group of Ministers meets …

INDIA bloc leaders protest at Parliament gate against GST on insurance services
4 months, 2 weeks ago

INDIA bloc leaders protest at Parliament gate against GST on insurance services

Hindustan Times  

INDIA bloc MPs staged a big protest at the gate of the Parliament building on Tuesday demanding reduction in the 18% GST on life and health insurance premiums. Opposition leaders claimed that the GST rate was “quietly” increased to 18% and must be reduced to benefit the middle class. The Opposition, which has staged joint protests on larger issues, for …

INDIA bloc holds protest against GST on health, life insurance premiums, calls it 'tax terrorism'
4 months, 2 weeks ago

INDIA bloc holds protest against GST on health, life insurance premiums, calls it 'tax terrorism'

India TV News  

I.N.D.I.A bloc parties on Tuesday held a protest in the Parliament premises demanding the rollback of Goods and Services Tax on life and health insurance premiums. Gadkari also supports demand Interestingly, Union Minister of Road Transport and Highways Nitin Gadkari also requested Finance Minister Nirmala Sitharaman to withdraw the 18 per cent GST on life and medical insurance premiums. In …

GST receipts on health cover surged to nearly ₹10,000 crore in 2023-24
4 months, 2 weeks ago

GST receipts on health cover surged to nearly ₹10,000 crore in 2023-24

The Hindu  

Goods and Services Tax collections on health insurance premium payments by consumers have risen by more than 54% between 2021-22 and 2023-24, yielding ₹8,262 crore last year, with health reinsurance levies delivering nearly another ₹1,500 crore, according to data shared by the Finance Ministry in Lok Sabha on August 5. Over the last three financial years, GST levies on health …

Trinamool Congress supports Gadkari’s demand to remove 18% GST from life, health insurance premiums
4 months, 3 weeks ago

Trinamool Congress supports Gadkari’s demand to remove 18% GST from life, health insurance premiums

The Hindu  

The Trinamool Congress threw its weight behind Union Transport Minister Nitin Gadkari’s demand for withdrawal of 18% Goods and Services Tax on life and medical insurance premiums. In a recent letter to Finance Minister Nirmala Sitharaman, Mr. Gadkari wrote that the GST amounts to taxing the uncertainties of life and restricts sector’s growth. West Bengal Chief Minister Mamata Banerjee, also …

Mamata urges Sitharaman to rollback GST on life, health insurance premiums: 'Highly anti-people...'
4 months, 3 weeks ago

Mamata urges Sitharaman to rollback GST on life, health insurance premiums: 'Highly anti-people...'

India TV News  

West Bengal Chief Minister Mamata Banerjee wrote to Union Finance Minister Nirmala Sitharaman over the Centre’s decision to impose 18 per cent GST on life insurance and health insurance policies terming it as anti-people, and urged her to roll it back. Mamata writes to Sitharaman "With deep anguish, I am writing to you regarding the imposition of 18 per cent …

'Tax on life's uncertainties': Nitin Gadkari writes to Sitharaman on GST on life, medical insurance premium
4 months, 3 weeks ago

'Tax on life's uncertainties': Nitin Gadkari writes to Sitharaman on GST on life, medical insurance premium

India TV News  

Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans. "Main issue raised by the Union is related to withdrawal of GST on Life and Medical Insurance Premium. Both life insurance and medical insurance premiums attract a GST rate of …

Withdrawal of GST, merger of public sector insurance companies sought
5 months, 2 weeks ago

Withdrawal of GST, merger of public sector insurance companies sought

The Hindu  

Members of All-India Insurance Employees’ Association, Raichur Division, submitted a charter of demands to Ballari MP E. Tikaram on Saturday. Divisional president of the association M. Sharanagouda in a memorandum demanded the government withdraw the Goods and Services Tax on Life and Medical Insurance premium. The demands also included re-introduction of income tax deduction for health insurance premium. The deduction …

Budget 2024: Health insurers seek more attractive tax incentives—and a regulator
5 months, 2 weeks ago

Budget 2024: Health insurers seek more attractive tax incentives—and a regulator

Live Mint  

In the interim budget for 2024-25 presented in February, finance minister Nirmala Sitharaman increased the government’s allocation towards the health sector by nearly 14%. “To enable better retail health insurance penetration, the government can consider categorising them under a separate HSN code and lowering the tax to 5%," says Parimal Heda, chief investment officer, GoDigit General Insurance. The tax on …

Budget 2024: GST reduction, expansion of Section 80 C - insurance wishlist
11 months, 2 weeks ago

Budget 2024: GST reduction, expansion of Section 80 C - insurance wishlist

Live Mint  

Ahead of the Lok Sabha elections, all eyes will be on the interim budget presented by Finance Minister Nirmala Sitharaman on February 1, 2024. Many experts opine that the term insurance requires a dedicated tax exemption category as Section 80 C gets exhausted owing to other allowable expenses. The reason is that the current Section 80 C is too cluttered …

Budget 2023: What Insurance Industry Demands to Boost Insurance Penetration in India
1 year, 11 months ago

Budget 2023: What Insurance Industry Demands to Boost Insurance Penetration in India

News 18  

The Union Budget 2023 — the most eagerly awaited financial event of the year — is just around the corner. Since the growth in the insurance sector has the potential to directly aid India’s global aspirations, Budget 2023 could prove to be a catalyst for its reformation. Here are a few expectations the insurance sector has from this year’s Budget: …

No tax reduction on life, health insurance premiums likely from GST council meet
2 years, 5 months ago

No tax reduction on life, health insurance premiums likely from GST council meet

India Today  

Despite the low penetration of life and health insurance in the country and the heightened medical concerns driven by the pandemic, the GST council is not likely to provide tax relief to those seeking life or medical insurance cover. India Today found out that the fitment committee, a panel of central and state government officials working for the GST Council, …

GST Council-Appointed GoM to Meet on June 17; Likely To Discuss GST Rate Rationalisation
2 years, 6 months ago

GST Council-Appointed GoM to Meet on June 17; Likely To Discuss GST Rate Rationalisation

News 18  

Karnataka Chief Minister Basavaraj Bommai-led group of ministers, which was set up last year by the GST Council to suggest ways for augmenting revenue by rationalising tax rates and correcting anomalies in the tax structure, is likely to meet on June 17. The 18 per cent slab has 480 items, from which about 70 per cent of the GST collections …

Group of Ministers to meet on May 2 to discuss GST related to casinos, online gaming
2 years, 7 months ago

Group of Ministers to meet on May 2 to discuss GST related to casinos, online gaming

India Today  

The Group of Ministers set up by the Union Ministry of Finance to look into matters related to GST regime covering casinos, race courses and online gaming will hold a crucial meet on May 2 in Delhi. The other members of the group are Maharashtra Deputy Chief Minister Ajit Pawar, West Bengal Finance Minister Chandrima Bhattacharya, Gujarat Finance Minister Kanubhai …

Centre must pay pending GST dues to states, control fuel prices: Bengal CM Mamata
2 years, 8 months ago

Centre must pay pending GST dues to states, control fuel prices: Bengal CM Mamata

India TV News  

Highlights Mamata Banerjee urges Centre to extend time limit for GST for another five years She also requested Centre to pay pending GST dues to states The Bengal CM has asked Centre to also control fuel prices West Bengal Chief Minister Mamata Banerjee has urged the Centre to extend time limit for GST for another five years and pay pending …

Insurance Agents’ Federation plea to remove GST on insurance products
2 years, 9 months ago

Insurance Agents’ Federation plea to remove GST on insurance products

The Hindu  

The Life Insurance Agents’ Federation of India has appealed to Basavaraj S. Bommai, Chief Minister of Karnataka, who is also Leader of the Ministerial Panel on GST Council, to consider removal of the Goods and Services Tax on life insurance and health insurance products. In a letter to Mr. Bommai, Federation secretary general N. Gajapathi Rao said that the 18% …

Group of Ministers to study GST relief for COVID essentials
3 years, 6 months ago

Group of Ministers to study GST relief for COVID essentials

The Hindu  

The Finance Ministry on Saturday constituted a Group of Ministers to examine possible waivers of GST levies on essential COVID-relief material, including vaccines, even as industry expressed concerns on the delay over such a critical decision amid the second wave of the pandemic. Uday Shankar, president, Federation of Indian Chambers of Commerce and Industry, said “a quick decision” on reductions …

Exempting Covid vaccine from GST would be counterproductive: FM Sitharaman to Bengal CM
3 years, 7 months ago

Exempting Covid vaccine from GST would be counterproductive: FM Sitharaman to Bengal CM

India Today  

Exemption given to vaccines from GST would be counterproductive without benefiting the consumer, Union Finance Minister Nirmala Sitharaman said in response to a letter by West Bengal CM Mamata Banerjee. @ANI @PIB_India @PIBKolkata — Nirmala Sitharaman May 9, 2021 "Full exemption from Customs duties, including IGST, is already available for ALL COVID relief materials imported by @IndianRedCross for free distribution …

Budget 2021: ’Govt should focus on making insurance more than a tax saving tool’
3 years, 11 months ago

Budget 2021: ’Govt should focus on making insurance more than a tax saving tool’

Live Mint  

Union Budget 2020 must initiate some new measures to make insurance policies more attractive and customer-friendly, insurance players have demanded. "Having a separate tax deduction towards insurance premiums, over and above the current 80C limit, similar to one allowed for NPS. Implementing either of the proposed recommendations will aid in bridging the protection gap in the country," says Rushabh Gandhi, …

Tamil Nadu govt asks Centre to continue GST compensation, says state's economy is 'burdened' due to COVID-19
4 years, 3 months ago

Tamil Nadu govt asks Centre to continue GST compensation, says state's economy is 'burdened' due to COVID-19

Firstpost  

The state govt also urged Centre to expedite the release of Rs 12,258.94 crore, which is its GST arrears since 2018-19 and outstanding Integrated GST of Rs 4,073 crore for 2017-2018 fiscal The Tamil Nadu government on Thursday urged the Centre to expedite release of Rs 12,258.94 crore, which is its Goods and Services Tax arrears from the latter since …

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