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The fifty fifth convention of the GST Council will definitely be held on 21 December, 2024 at Jaisalmer, Rajasthan
The fifty fifth GST Council convention will definitely be carried out on December 21, 2024, at Jaisalmer,Rajasthan The GST Council, which is headed by Union Finance Minister Nirmala Sitharaman and makes up reps of all states and UTs, is the height decision-making physique for oblique tax obligations in India.
“The 55th conference of the GST Council will be hung on 21 December, 2024 at Jaisalmer, Rajasthan,” the GST Council stated in a submit on X on Monday.
In the assembly, the GST Council is more likely to talk about the GoM’s choice to exempt medical insurance premiums as much as Rs 5 lakh protection and time period life insurance coverage premiums. The GoM additionally proposed to chop tax charges on 20-litre packaged ingesting water bottles, bicycles and train notebooks to five per cent, aside from suggesting a better 28 per cent tax on high-end wristwatches and sneakers.
Last month, the group of ministers, headed by Bihar Deputy Chief Minister Samrat Chaudhary, proposed to scale back charges on a number of objects and hike on many, and the general rejig is anticipated to yield a income surplus of Rs 22,000 crore.
News enterprise » tax fifty fifth GST Council Meeting Scheduled for December 21 in Jaisalmer: What to Expect?