GST Council meet

ONI Bureau:  The 32nd Goods and Services Tax (GST) Council meeting, headed by Finance Minister Arun Jaitley on Thursday decided to increase GST registration threshold limit to Rs 40 lakh from Rs 20 lakh. Therefore, GST registration for…

ONI Bureau:  With an aim to simplify the indirect tax regime, the Goods & Services Tax (GST) Council on Saturday cut rates of 33 items from 18% to 12% and 5% respectively. While, 7 items brought down to 18% from 28% slab, only 34…

The Government will take complete ownership of the GST Network (GSTN) by acquiring the 51 per cent equity of Rs 5.1 crore held by non-government institutions, the GST Council decided on Friday. The 51 per cent equity will be acquired…