Amid criticism over not changing GST rates for COVID-19 equipment, medicines and vaccines, Finance Minister Nirmala Sitharaman has the choicest of replies. “Is the GST Council heartless?” she asked. On Friday, after the GST Council meeting, the minister announced the decisions, leaving out any changes in tax rates of vaccines and medical supplies.
Source: businesstoday.in
Latest Posts in "India"
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years