GST panel puts off call on lower rates for insurance

Quick Summary:

The GST Council waived taxes on cancer gene therapy and reduced levies on fortified rice kernels.

Decisions on ATF inclusion, insurance rates, and food delivery services were deferred.

Used cars will face 18% GST, while pre-packed popcorn and voucher transactions saw clarifications.

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Article Details

Author / Journalist: Sidhartha

Category: EconomyBusiness

Markets: IndiaKuwait

Topics: Used cars GST rate Business news Insurance GST rates GST Council decisions Gene therapy tax waiver Electric vehicles GST

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 05:28:15 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 785 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24577741

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1838

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News Last Updated: 5 hours ago

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