GST panel yet to decide insurance premium tax rate
The Morning Standard|September 26, 2024
Panel to meet on Oct 19, consensus on goods, services for gen public should have lower rates
- MONIKA YADAV
GST panel yet to decide insurance premium tax rate

THE Group of Ministers (GoM) on rate rationalisation in a meeting on Wednesday discussed rates of 85% of the items under GST, even though the talks on health and life insurance premiums remains unresolved. The general consensus of the meeting was that goods and services used by common people should have lower GST rates.

Speaking to TNIE, West Bengal finance minister Chandrima Bhattacharya, who is part of the GoM, said it is decided to cut the rate on education-related materials, including exercise books and pencils from 12% to 5%. The change is likely to provide relief to families and make educational resources more accessible.

この蚘事は The Morning Standard の September 26, 2024 版に掲茉されおいたす。

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この蚘事は The Morning Standard の September 26, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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