NO HIKE IN GST RATES SAYS FM NIRMALA SITHARAMAN

Highlights

• Union Finance Minister Sitharaman said this is not the appropriate time to hike taxes as the country is still battling COVID-19 and its economic consequences 

• Seven non-NDA states like Punjab, Rajasthan, Maharashtra, Jharkhand, Chhatisgarh, Puduch...

SMALL BUSINESSES TO BENEFIT FROM GST COUNCIL’S DECISION TO SLASH INTEREST RATES

Highlights

• Finance Minister Nirmala Sitharaman said those businesses that haven’t  filed returns for the month of February, March and April won’t be liable for any interest till July 6

• After July 6, all the small businesses will have to pay inter...

GST net will now include more healthcare services

Some health care services may be brought under the GST network by the government, affecting a deceptive sector, since the ongoing economic downturn will result in a leg to income mobilization.

Official sources suggested that the Finance Minister, who had talks with state governments on ...