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GST council finalises tax on services; exempts edu, healthcare

Press Trust of India 

The all-powerful Council today finalised rates for services under the Goods and Service (GST) regime, scheduled to kick-infrom July 1.

Healthcare and education would be exempt from



Minister Thomas Issac said there will be four rates for services at 5, 12, 18 and 28 per cent, similar to slabs for goods.

The rate on gold has not been finalised yet, he said, adding that the Council will meet again on June 3.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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GST council finalises tax on services; exempts edu, healthcare

The all-powerful GST Council today finalised tax rates for services under the Goods and Service Tax (GST) regime, scheduled to kick-infrom July 1. Healthcare and education would be exempt from GST. Kerala Finance Minister Thomas Issac said there will be four rates for services at 5, 12, 18 and 28 per cent, similar to tax slabs for goods. The tax rate on gold has not been finalised yet, he said, adding that the Council will meet again on June 3. The all-powerful Council today finalised rates for services under the Goods and Service (GST) regime, scheduled to kick-infrom July 1.

Healthcare and education would be exempt from

Minister Thomas Issac said there will be four rates for services at 5, 12, 18 and 28 per cent, similar to slabs for goods.

The rate on gold has not been finalised yet, he said, adding that the Council will meet again on June 3.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

GST council finalises tax on services; exempts edu, healthcare

The all-powerful Council today finalised rates for services under the Goods and Service (GST) regime, scheduled to kick-infrom July 1.

Healthcare and education would be exempt from

Minister Thomas Issac said there will be four rates for services at 5, 12, 18 and 28 per cent, similar to slabs for goods.

The rate on gold has not been finalised yet, he said, adding that the Council will meet again on June 3.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22