53rd GST Council Meeting LIVE: Finance Minister Nirmala Sitharaman Announces Key Decisions | GST

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.
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Пікірлер: 12

  • @Rudranish
    @Rudranish5 күн бұрын

    GST on Health Insurance and Education is really Sad and Shameful.

  • @BishalGhosh-2024
    @BishalGhosh-20245 күн бұрын

    sab thik hai...but education mai tax 0 kijiye....nehi to sab kuch mai tax 10% jada nehi hona chahiye...

  • @MrColls77
    @MrColls775 күн бұрын

    We have to bloody keep paying GSTs on every damn thing. Govt keeps earning and the middleman kreps suffering as usual

  • @rajnishbhagat9093
    @rajnishbhagat9093Күн бұрын

    Tax 30 % whereas total profit of 20 percent in any product . Where we r . Gst extra ! Mean governments. Economics made complicated by political expences in india. In budget.

  • @rajnishbhagat9093
    @rajnishbhagat9093Күн бұрын

    Jaanyy say phlay jhtka aur fir relaxation . 3 years to sattel accounts in finance ministery . Why this all relaxation is granted. Auditors alert as in share market ghapla conroled to highlite momentum in stocks.

  • @storywithanilhindi
    @storywithanilhindi5 күн бұрын

    She is during speech in English suddenly changed language in hindi 😂

  • @killermiller1419

    @killermiller1419

    5 күн бұрын

    Tu sale England ka bacha hai😂😂😂😂

  • @DEEPAKSINGH-ur9qx
    @DEEPAKSINGH-ur9qx5 күн бұрын

    shuvidha kendra kya hai?

  • @jaishilranpura9462
    @jaishilranpura94625 күн бұрын

    @jaishilranpura9462 4 minutes ago the electricity and the other devices you are instead of that you shoul be using video call from office which would be saving electricity and money spending on it by not filling electricity bill.....thankk you.(wrote as native and rightful person of india).And should be saving this money for future...

  • @ManishSharma-em8by
    @ManishSharma-em8by4 күн бұрын

    Hindi Mai bato

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