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Availing a car loan has become more convenient with the use of mobile banking applications, and the State Bank of India (SBI) offers the YONO app for this purpose. The YONO app provides a straightforward process for applying for car loans, making it accessible to existing SBI customers through self-service mode. Key Features of Getting […] - Newsx

An effective vehicle tax policy should aim for reduced emissions and fossil fuel use, promoting cleaner options

The Goods and Services Tax (GST) Council in its 50th meeting recommended taxing casino, horse racing, and online gaming at the uniform rate of 28% on full face value. The Council also recommended bringing down rates from 18 percent to 5 percent on 4 items - Uncooked, unfried & extruded snack palettes, fish soluble paste, LD slag to be at par with blast furnace slag, and imitation zari thread. The Council also recommended to exempt cancer-related drugs, medicines for rare diseases and food pr...

Get the latest news on GST discussions and find out how the prices of medicines, food, and drinks have been affected. Learn what became cheaper and what became more expensive in the GST meeting.

The Indian GST Council is scheduled to discuss several matters at its upcoming meeting. These include regulating online gaming taxation, defining utility vehicles, and setting tighter rules for ITC registration claims. The price of food and beverages sold in multiplexes will also be discussed, including whether food served in cinema halls should be taxed at 5% instead of the 18% being charged by some multiplexes.

GST Council is likely to take a final call on the recommendation of the Law Committee in its 50th meeting on Tuesday.

The Council is also likely to clarify on GST rates applicable on food and beverages sold in multiplexes, exempt GST on import of cancer drug Dinutuximab, and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases.

The 50th GST Council meeting started on Tuesday and is likely to deliberate on a host of issues including taxation of online gaming, definition of utility vehicles and tightening of norms for registration and claiming of ITC. At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled GST Council - 50 steps towards a journey.

The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is expected to discuss the report of the Group of Ministers on online gaming, horse racing and casinos.

At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled GST Council - 50 steps towards a journey.