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| Name | 53rd GST Council Meeting LIVE: Finance Minister Nirmala Sitharaman Announces Key Decisions | GST |
| Video Uploader | Video From CNBC-TV18 |
| Upload Date | This Video Uploaded At 22-06-2024 14:03:39 |
| Video Discription | Today, on June 22, the Goods and Services Tax (GST) Council convenes under the leadership of Union Finance Minister Nirmala Sitharaman. This meeting marks a significant gathering since October 7, 2023, when the council, also chaired by Sitharaman, made decisions including the imposition of a 28% GST on online gaming, casinos, and horse racing. Amidst ongoing discussions and postponements, the council now reconvenes to address crucial issues under Sitharaman's stewardship once more. Additionally, the Council will clarify GST applicability on co-insurance, where multiple insurers share liability in a proportionate manner. Currently, only one insurer pays GST, leading to industry confusion and non-payment issues. Notices have been issued to several insurers, including Star Health and ICICI Lombard, for non-payment of GST on co-insurance and reinsurance premiums. The Council aims to address these ambiguities to ensure proper tax compliance in the insurance sector. #gst #gstcouncilmeet #nirmalasitharaman #gstcouncilmeeting #gstcouncil #retrospectivegst #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish Read More: https://www.cnbctv18.com/economy/gst-council-meeting-updates-tax-demands-indian-railways-platform-tickets-nirmala-sitharaman-all-you-need-to-know-19432283.htm https://www.cnbctv18.com/economy/pan-india-biometric-authentication-fake-invoicing-fm-sitharaman-19432318.htm https://www.cnbctv18.com/economy/gst-council-recommends-uniform-12-pc-rate-on-milk-cans-carton-boxes-and-sprinklers-19432322.htm w6fo49gxolU |
| Category | News & Politics |
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