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Gst Council Meeting Latest News

  • The 41st GST or Goods and Services Tax Council meeting was held today, chaired by Finance Minister, Nirmala Sitharaman. There was no discussion on revising GST rates for two-wheelers and therefore, the current rate of 28 per cent is still applicable.
    GST Council Meeting: No Revision On GST Rate For Two-Wheelers
  • The Finance Minister has announced reduction in the corporate tax rate to 22 per cent from 30 per cent, while new manufacturing companies or companies which are making fresh investments from October 2019 will be taxed at 15 per cent which is a big boost to Make in India for sure but also a incentive to invest in the country.
    Auto Industry Reacts To Finance Minister's Proposal To Reduce Corporate Tax