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GST rate revision: Surplus may be used to pay states

Hindustan Times Noida

|

September 03, 2025

THE TWO-DAY GST COUNCIL MEETING WILL CONSIDER ELIMINATING 2 OUT OF 4 TAX SLABS (12% AND 28%) AND RETAIN THE 5% AND 18% RATES WITH A SLAB OF 40% FOR LUXURY GOODS

- Rajeev Jayaswal

The Goods and Services Tax (GST) Council may consider compensating states for their immediate revenue losses on account of a proposed GST rate rationalisation — tapping an estimated surplus of ₹40,500 crore in the compensation fund for this purpose, people familiar with the matter said.

Hindustan Times Noida からのその他のストーリー

Hindustan Times Noida

India triumphing despite economic selfishness: PM

PM signals next-gen chip-making reforms

time to read

1 min

September 03, 2025

Hindustan Times Noida

"'20 Delhi riots: No bail to Imam, Khalid, 7 others"

The Delhi High Court on Tuesday denied bail to student activists Umar Khalid and Sharjeel Imam in the larger conspiracy case linked to the February 2020 Delhi riots, holding that their roles appeared “prima facie grave\" and that they were the first to act after Parliament passed the Citizenship Amendment Bill (CAB) in December 2019.

time to read

1 min

September 03, 2025

Hindustan Times Noida

Yamuna swells, evac on as rains lash north India

Thousands were evacuated from near the Yamuna on Tuesday as the river's waters flooded several neighbourhoods in Delhi, with authorities warning that the situation could worsen on Wednesday, and neighbouring Gurugram struggled with waterlogging again as extreme weather continued to plague parts of north India, especially Himachal Pradesh, Jammu & Kashmir and Haryana.

time to read

1 min

September 03, 2025

Hindustan Times Noida

TOP COURT FLAGS CONCERN ON FIXING TIMELINES FOR NOD TO BILLS

The Supreme Court on Tuesday raised a constitutional dilemma ~ would prescribing timelines for Governors and the President to act on state bills amount to judicially rewrit-

time to read

1 min

September 03, 2025

Hindustan Times Noida

GST rate revision: Surplus may be used to pay states

THE TWO-DAY GST COUNCIL MEETING WILL CONSIDER ELIMINATING 2 OUT OF 4 TAX SLABS (12% AND 28%) AND RETAIN THE 5% AND 18% RATES WITH A SLAB OF 40% FOR LUXURY GOODS

time to read

1 mins

September 03, 2025

Hindustan Times Noida

Govt moots ₹2L relief for road accident death

The Centre has finally proposed a long-awaited compensation scheme for road accident victims, offering ₹2 lakh for deaths and ₹1 lakh for grievous injuries from insurance providers, more than three years after Parliament passed the enabling legislation.

time to read

1 min

September 03, 2025

Hindustan Times Noida

Maha govt accepts most Maratha quota demands

Maratha quota activist Manoj Jarange-Patil on Tuesday declared victory and ended his indefinite fast on its fifth day after the Maharashtra government accepted most of his demands, including granting Kunbi caste certificates to Marathas in the Marathwada region, which will make them eligible for reservation benefits under the OBC category.

time to read

1 min

September 03, 2025

Hindustan Times Noida

Modi attacks Oppn over remarks on mother, says Bihar will not forgive

Prime Minister Narendra Modi on Tuesday criticised the Opposition in Bihar, and specifically, the RJD’s Tejashwi Yadav and the Congress's Rahul Gandhi without naming them, saying that attacks targeting his late mother was as an attack on all mothers, sisters, and daughters in the country, and claiming that the people of the state would not forgive them for this affront.

time to read

1 min

September 03, 2025

Hindustan Times Noida

U.S. TRADE TALKS ON, HOPE FOR A DEAL BY NOV, SAYS MINISTER

Commerce and industry minister Piyush Goyal on Tuesday said he hopes India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year.

time to read

1 min

September 03, 2025

Hindustan Times Noida

NOIDA TO CARRY OUT DOG SURVEY, SEEKS RWA HELP

The Noida authority will engage an expert agency to carry out a survey of the city’s stray dogs, including those that are injured, unsterilised, or unvaccinated, officials said on Tuesday.

time to read

1 min

September 03, 2025

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