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GST Council Meeting announces tax cuts on COVID vaccines, black fungus drug, medical equipment

GST Council Meeting announces tax cuts on COVID vaccines, black fungus drug, medical equipment
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GST Council to meet Saturday, discuss tax exemption on Covid-19 essentials

GoM may refer issue of taxation of vaccine back to the GST Council

GoM to examine levy of GST at manufacturing stage for pan masala, brick kilns sectors

The panel will "examine the possibility to levy GST based on the capacity of manufacturing unit and special composition schemes in certain evasion prone sectors like pan masala, gutkha, brick kilns, sand mining etc. with reference to the current legal provisions," as per the Terms of Reference (ToR).

Odisha FM presents Rs 1 7 lakh crore budget for 2021-22

Odisha FM presents Rs 1.7 lakh crore budget for 2021-22 ​ By IANS | Published on ​ Mon, Feb 22 2021 19:03 IST | ​ 0 Views Odisha Finance Minister Niranjan Pujar. Image Source: IANS News Bhubaneswar, Feb 22 : Odisha Finance Minister Niranjan Pujari presented the annual budget for 2021-22 with an outlay of Rs 1.7 lakh crore in the state Assembly on Monday. Pujari also presented a separate agriculture budget of Rs 17,468 crore. The Minister said despite the severe impact of Covid-19 pandemic, the state s own revenue is estimated to register a robust growth of about 10 per cent during 2020-21, though there is a decline in the central transfer. In the budget, the state government has proposed to spend Rs 3,500 crore over the period of three years to convert SCB Medical College and Hospital into AIIMS Plus institute to provide world-class healthcare facilities to citizens.

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