GST Council clarification: Tax rate on caramelised popcorn will be different from namkeen; it contains added sugar
The Daily Guardian|December 24, 2024
It has allegedly been recommended by the CoM that health insurance for senior citizens and term life insurance should be exempted from the purview of the GST.

The GST Council in its 55th Meeting chaired by Finance Minister Nirmala Sitharaman announced significant changes to the GST regime.

The changes introduced to the GST regimes are as follows: The gene therapy has been exempted from the purview of the GST.

The Decision on whether the restaurant services which are provided by electronic commerce operators should be taxed at 5% has been deferred and the said decision needs to be taken by the fitment committee and whatever decision is taken by the committee will be placed before the council for further actions.

As far as the GST on online gaming is concerned, the said issue did not feature in the deliberations of the committee despite being a topic of interest in previous discussions.

This story is from the December 24, 2024 edition of The Daily Guardian.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 24, 2024 edition of The Daily Guardian.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE DAILY GUARDIANView All
RAGAS AND RAFI
The Daily Guardian

RAGAS AND RAFI

Before Mohammad Rafi, singing style in Indian Cinema was typically straightforward and lacked dramatic modulations. Post-Rafi, playback singers were expected to exhibit versatility. His influence inspired legends like Kishore Kumar and Mukesh. On his 100th birth anniversary, let us look back at his rendering.

time-read
3 mins  |
December 25, 2024
The Daily Guardian

Captain hails Bumrah

Ahead of the Melbourne Test of the Border-Gavaskar Trophy against Australia, India skipper Rohit Sharma heaped praise on talisman pacer Jasprit Bumrah for being confident with his skill set.

time-read
1 min  |
December 25, 2024
The Daily Guardian

Dallewal writes to PM Modi again

Farmer leader Jagjit Singh Dallewal on Tuesday wrote another letter to the Prime Minister, urging him to enact the MSP Guarantee Law based on the report of the Parliamentary Standing Committee on Agriculture.

time-read
1 min  |
December 25, 2024
Number of jobs in unincorporated sector up 10% at 12 crore: Survey
The Daily Guardian

Number of jobs in unincorporated sector up 10% at 12 crore: Survey

Unincorporated sector enterprises witnessed a 10.01 per cent increase in employment to over 12 crore during the year ended September 2024, while the number of establishments rose 12.28 per cent to 7.34 crore, according to a government survey.

time-read
3 mins  |
December 25, 2024
'WE WANT TO BREAK IT DOWN TO JUST MELBOURNE': ROHIT
The Daily Guardian

'WE WANT TO BREAK IT DOWN TO JUST MELBOURNE': ROHIT

A head of the Boxing Day Test of the Border-Gavaskar Trophy, India skipper Rohit Sharma on Tuesday said that they are currently focussing only on the upcoming Test match and are looking forward to displaying a strong performance at Melbourne.

time-read
1 min  |
December 25, 2024
The Daily Guardian

Rohit sounds confident on Gill's form

India skipper Rohit Sharma on Tuesday backed young batter Shubman Gill amid his poor form in Test cricket and said that they don't want to complicate too many things with the 25-year-old.

time-read
1 min  |
December 25, 2024
The Daily Guardian

'His brain's condition is not stable': Doctor gives update on Kambli's health

Dr Vivek Dwivedi, treating former India cricketer Vinod Kambli at Aakriti Hospital in Thane, said on Tuesday that the 52-year-old's brain condition is not stable.

time-read
1 min  |
December 25, 2024
Arshad Nadeem wishes Neeraj Chopra on his special day
The Daily Guardian

Arshad Nadeem wishes Neeraj Chopra on his special day

Paris Olympics gold medalist Arshad Nadeem took to social media to wish India's ace javelin thrower Neeraj Chopra on his birthday on Thursday.

time-read
1 min  |
December 25, 2024
The Daily Guardian

Pro Kabaddi legends Anup, Ajay to return for PKL Melbourne Raid

The Pro Kabaddi League (PKL) is set to create history by taking the electrifying sport of kabaddi to Australia with the highly anticipated PKL Melbourne Raid.

time-read
1 min  |
December 25, 2024
Gill needs to back himself a bit more, says Ponting
The Daily Guardian

Gill needs to back himself a bit more, says Ponting

Former cricketer Ricky Ponting opened up on India batter Shubman Gill's poor form overseas and said that the 25-year-old needs to back himself a bit more to get results.

time-read
1 min  |
December 25, 2024