The 54th GST Council meeting is set to take place on September 9, 2024, as announced by the government on Tuesday. This upcoming session follows the 53rd GST Council meeting held on June 22, 2024, chaired by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman.
Key Recommendations:
Amendment to Section 112 of the CGST Act, 2017: The GST Council has proposed changes to extend the…
Finance Minister Nirmala Sitharaman addressed concerns regarding tax policies in the Union Budget 2024, stating that recent tax decisions were not made with the intention of increasing government revenue. Speaking to CNBC-TV18, Sitharaman explained that the absence of tax hikes was not motivated by a desire for more funds but rather by a commitment to treating all asset classes equally.
Balanced…
Proposing that a sweeping prohibition on cryptographic money may not be on the cards, Finance Minister Nirmala Sitharaman said that the public authority is holding chats with the Reserve Bank of India and will take an extremely aligned situation on the matter.
Sitharaman added that as the world moves quick with innovation, India can’t look the alternate way. The FM added that in the fintech…
