Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22

Quick Summary:

The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken.

The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025.

The GoM on rate rationalisation proposed reducing GST on packaged drinking water of 20 litre and above to 5 % from 18 %.

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Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Insurance Meeting Meet Life Policy Rate Proposed Council Health Privacy Rationalisation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 07:10:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 27 lines

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News ID: 23546813

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