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54th GST Council Meeting Today: Insurance, rate rationalisation and more - Key agendas
T he 54th Goods and Services Tax (GST) Council meeting is currently underway. This is the second meeting of the council post ...
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GST Council Meeting: Cancer Drugs To Cost Less —What's Cheaper, What's Costlier Now
New Delhi: At the 54th Goods and Services Tax (GST) Council meeting, several key decisions were taken, which included the reduction of GST on cancer drugs to reduce the medical expenses of common ...
Tax Guru1d
Import Duty and GST on Lifesaving Medical Devices
Indian Government has clarified there are no current plans to reduce import duties on lifesaving medical equipment. Most medical devices attract a basic customs duty (BCD) ranging from 7.5% to 10%, ...
Tax Guru7d
GST Reduction on Health Insurance: Government’s Stand
Indian government has stated that any reduction in GST on health insurance policies is expected to benefit consumers directly, as GST is charged over and above the insurance premium. The government ...
moneycontrol.com2y
Gst Rate Cuts
At Monday's 54th GST Council meeting, Finance Minister Nirmala Sitharaman announced that the GST rate on such products has been reduced prospectively to 12 percent from 18 percent earlier GST ...