Tamil Nadu Urges Implementation of IGST Settlement Report at GST Council Meet

Tamil Nadu urges implementation of IGST settlement report at GST Council meet

The Tamil Nadu government emphasised in the 56th GST Council meeting in New Delhi that the report of Committee of Officers on Integrated Goods and Services Tax Settlement needed to be implemented to streamline the IGST settlement process

Highlights of 56th GST Council Meeting Held in New Delhi

The 56th Goods and Services Tax (GST) Council meeting, chaired by Union Minister Nirmala Sitharaman, Ministry of Finance (MoF) and Ministry of Corporate Affairs (MoCA), was held from September 02 to September 03, 2025 at Sushma Swaraj Bhawan in New Delhi, Delhi. The GST Council has approved Next-Gen GST reforms, effective September 22, 2025, aimed at improving the lives […] The post Highlights of 56th GST Council Meeting Held in New Delhi appear…

GST rationalisation to reshape affordability and global competitiveness for Indian Pharma: KPMG - Express Pharma

India’s pharmaceutical industry, ranked third globally by volume, has long been a cornerstone of the country’s healthcare ecosystem and export economy. This GST rationalisation by the GST Council at its 56th meeting, isn’t just a tweak in tax slabs—it’s a catalyst that will reshape affordability, supply chains, and global competitiveness for Indian pharma. Key rate changes and its impact on sector: Reduction in GST on drugs and medicines from 1…

TN Fin Minister backs GST reforms, Flags revenue concerns - News Today

Tamil Nadu Finance Minister Thangam Thennarasu has welcomed the GST rate rationalisation reforms decided at the 56th GST Council meeting, while voicing concern over protecting the state’s revenue. Mr. Thennarasu, who attended the meeting chaired by Union Finance Minister Nirmala Sitharaman in New Delhi, lauded reforms such as exempting individual life and health insurance services. He also supported simplified registration for small and low-risk…

New Delhi: Nirmala Sitharaman Briefs Media on 56th GST Council Meeting #Gallery

New Delhi: Union Finance and Corporate Affairs Minister Nirmala Sitharaman addresses a press conference on the 56th GST Council meeting as Union Minister of State for Finance Pankaj Chaudhary looks on at the National Media... - Social News XYZ