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At GST meet, no tax hikes, nod for pilot to tackle fake registrations

NEW DELHI: At its meeting on Saturday, the GST Council also recommended cutting the compounding amount from the present range of 50%-150% of tax amount to 25%-100% to reduce the workload of courts. The council headed by Union finance minister Nirmala Sitharaman met virtually and decided on a number of issues. Addressing a news conference […]

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Pakistan rejects India’s criticism of FM Bilawal’s ‘uncivilised’ outburst

ISLAMABAD: Pakistan on Saturday rejected India’s criticism of Foreign Minister Bilawal Bhutto-Zardari’s “uncivilised” outburst against Prime Minister Narendra Modi, alleging that it showed New Delhi’s “growing frustration”. The Pakistani minister resorted to a personal attack against Prime Minister Modi and slammed the RSS after External Affairs Minister S Jaishankar described the neighbouring country as the […]

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Sitharaman holds 48th GST Council meet, panel agrees to decriminalise certain offences, doubles limit for launching prosecution: Key points

NEW DELHI: The 48th meeting of the Goods and Services Tax (GST) Council began in New Delhi on Saturday. The meet is being chaired by finance minister Nirmala Sitharaman. “Union Finance Minister Smt. @nsitharaman chairs the 48th meeting of the GST Council via virtual mode, in New Delhi, today,” the finance ministry tweeted on Saturday […]