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Centre, states inch closer to consensus on GST cess
July 21, 2025
|Hindustan Times Lucknow
Scrapping 12% GST slab may have to wait; GST compensation cess expires in March
The Centre and states are close to agreeing on folding the GST compensation cess within the broader goods and services tax (GST), two people aware of discussions in the government said.
The two sides are also close to reaching an agreement on how to utilize the surplus cess collected, likely by dividing between them.
Without a decision on its future, the compensation cess on luxury goods and tobacco, which is expected to fetch ₹1.67 lakh crore this fiscal, clocks out at the end of March next year after an eight-year run.
هذه القصة من طبعة July 21, 2025 من Hindustan Times Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Lucknow
Hindustan Times Lucknow
SC widens ambit of sexual harassment at workplace Act
The Supreme Court has ruled that proceedings under the Prevention of Sexual Harassment (POSH) Act can be initiated not only at the department where the accused employee works but also at the workplace of the complainant and at any site visited by the employee in the course of employment, ina judgment that significantly strengthens workplace-safety protection for women.
2 mins
December 12, 2025
Hindustan Times Lucknow
Rise in Nov e-way bills shows activity uptick
An increase in the number of e-way bills generated for the shipment of goods within and across states suggested there was an uptick in economic activity in November after a dip in October, according to data available from Goods and Services Tax Network (GSTN), the company that processes tax returns.
1 mins
December 12, 2025
Hindustan Times Lucknow
Rahul Mamkoothathil ABSCONDING MLA CASTS VOTE IN KERALA LOCAL BODY ELECTIONS
Expelled Congress MLA Rahul Mamkoothathil on Thursday cast his vote in the local body elections at Kunnathurmedu ward.
1 min
December 12, 2025
Hindustan Times Lucknow
Centre committed to progress and peace in Manipur: Murmu
President Droupadi Murmu on Thursday said the Centre remains committed to peace and all-round development in Manipur and appealed the people of both hills and valley to cooperate in maintaining peace and harmony in the state.
2 mins
December 12, 2025
Hindustan Times Lucknow
Island province lines up as free trade hub
Favourable tariff policies will bring in more opportunities.
3 mins
December 12, 2025
Hindustan Times Lucknow
Jayasankar Krishnamurty: Lifelong friend, academic
Jayasankar Krishnamurty, born on January 7, 1941, in New Delhi, to Parvati and $ Jayasankar, passed away on December 5, 2025.
4 mins
December 12, 2025
Hindustan Times Lucknow
B’desh to hold polls on Feb 12 for 1st time after Hasina’s exit
Bangladesh will hold the general elections on February 12, its first since the ouster of the Sheikh Hasina-led Awami League government in a violent student-led protest in August 2024, the Press Trust of India reported.
2 mins
December 12, 2025
Hindustan Times Lucknow
{ PAKISTAN } VALUED AT $686 MILLION US approves sale of tech, support for F-16 aircraft
ISLAMABAD: The United States has approved the sale of advanced technology and support for F-16 fighter jets valued at $686 million to Pakistan.
1 min
December 12, 2025
Hindustan Times Lucknow
India-US trade deal only when both gain: Goyal
The India-US bilateral trade deal will only be done “when both sides stand to benefit”, Union commerce minister Piyush Goyal said on Thursday while confirming “substantive progress” in the India-European Union free trade negotiations as he plans to engage with his EU counterpart on this matter early next month.
2 mins
December 12, 2025
Hindustan Times Lucknow
T20 WORLD CUP 2026 TICKETS GO LIVE, CHEAPEST ONES PRICED ₹100
The prices for the ICC T20 World Cup 2026 will start from as low as ₹100 at some venues in India and LKR1000 (approximately $3.26) in Sri Lanka, the International Cricket Council (ICC) announced on Thursday.
1 min
December 12, 2025
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