COUNCIL MAY REVISE SOME GST RATES IN JUNE 11 MEETING


The Goods and Services Tax (GST) Council may, in its June 11 meeting, go in for revision in the fitment of some goods and services in the tax slabs after a review of industry representations, the government said on Friday."The main agenda of the 16th GST Council meeting includes confirmation of the minutes of the 15th GST Council meeting held on June 3 and approval of amendments to the draft GST Rules and rate adjustment, if any, based on the representations received from different trade and industry and their associations," a Finance Ministry statement said here.Union Finance Minister Arun Jaitley will chair the meeting at Vigyan Bhavan here, to be attended by Finance Ministers of different states and union territories (having elected assemblies).The new GST system is headed for a July 1 roll-out.

Comments

Post a Comment

Popular posts from this blog

'Dangal' wins Best Asian Film at Australian gala

Image
Dangal Movie and Amir khar Superstar Aamir Khan-starrer "Dangal" was on Wednesday named the Best Asian Film at the 7th Australian Academy of Cinema and Television Arts (AACTA) Awards. Veteran actress Shabana Azmi, a member of the Grand Jury for Best Asian Film, on Wednesday tweeted: "'Dangal' wins Best Asian Film at AACTA. Congratulations Team 'Dangal'." The jury was chaired by actor Russell Crowe.Shabana tweeted a photograph with Crowe, and wrote: "It was a unanimous decision." "Dangal", directed by Nitesh Tiwari, is a biographical sports drama film. It is inspired by the lives of the Phogat family members, telling the story of Mahavir Singh Phogat, an amateur wrestler, who trains his daughters Geeta and Babita to become India's first world-class female wrestlers.The film stars Fatima Sana Shaikh, Sanya Malhotra, Zaira Wasim, Sakshi Tanwar and Suhani Bhatnagar.Actor Anupam Kher attended the red carpet...
Read more

Xiaomi launches Google Tez-powered payment service

Image
Chinese handset maker Xiaomi on Wednesday introduced a new payment service, powered by Google Tez, on its e-commerce platform Mi.com and Mi Store app.Users can now make cashless transactions on both Mi.com and the Mi Store app as Google Tez payments service operates atop the Unified Payments Interface (UPI)."As a merchant partner for Tez for business programme, all Xiaomi customers can now seamlessly and securely pay with any bank account stored in their Tez account on their phone," Sujith Narayanan, Head of Partnerships and Business Development, Tez, said in a statement.Users can pay directly from their bank accounts online for any purchase that they make, further cementing Xiaomi's commitment to contribute to the "Digital India" initiative."Our vision is to bring innovation to everyone and our integration with Tez is another step forward in this direction. We hope to provide an even better purchasing experience that is cashless," added Raghu ...
Read more