50th GST Council Meeting: Exploring Big Updates | GST Council Meeting Today | UPSC | StudyIQ IAS

In this video, we dive into the significant changes announced at the 50th GST Council Meeting. Join us as we discuss the key updates and reforms in the Goods and Services Tax (GST) regime. Gain insights into the amendments in tax rates, compliance procedures, input tax credits, and other important aspects. Understand the implications of these changes for businesses, consumers, and the overall economy. Stay updated with the latest developments in GST and expand your knowledge of taxation policies and reforms relevant to UPSC (Union Public Service Commission) and other competitive exams.

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(PSIR, Sociology, History, Geography, Pub Ad, Anthropology, Mathematics, Hindi Literature)

[Coolboi-bw]

India has one of the highest car tax in world . Indian government charges 50% tax on car that is excluding road taxes .

[inspectorIntro]

Waiting for GST rate to reach 100%. Will be a milestone for India

[BrijeshSingh-vzzc]

GST should be under ED, Too much tax hide by business and people, Honest man and business have no problem

[anshulthakre]

Option A is right answer 1996
P Chidambaram was a finence minister who introduced GST as tax reform and he was a Tamil Manila Congress party's MP

[nirupamchakraborty]

18% gst on health insurance is too much...increase in premium amount coupled with gst affected the middle class a lot

[vivekpmc]

Today Delta corp share price fallen by 28% & settled to 23% below.

[MR-mjxd]

Cess on SUV is not good move .Many middle class family trying very hard to buy a mid size SUV. It is a set back to them

[ajaymandal]

And they wonder why Rich Indians leave India

[mahadevfanclub]

Koi nirmala Tai ko bta do log free m saas bhi le rhe h us pr bhi tax lga do 🤣

[bhalendugautam]

I feel government is waiting for large masses of population to sue them and ask for their basis of tax calculation. Higher taxes will also affect manufacturing and extra burden on tech entrepreneurs

[mandar]

B). Gst introduced by kelkar task force in 2000

[kamalo]

Thank you Govt For Saving Youth From getting addicted of gambling and online Games

[Abhishek-et]

Next gst council meeting will be taxing youtubers 51 percent 😂

[kritishprajapati]

Main points :

1. Government has excluded certain goods from tax - cancer medicine

2. Tax on certain goods has been decreased - cinema refreshments, uncooked food items

3. 22% cess on car tax(28% GST)

4. 28% Tax on online games

[Sidhu_Ji__]

Online satte bazzi pe 50% GST lgana chiye... Because they are looting people drop by drop.... And people doesn't know about this.

[moliam]

Bekar body of India GST council because we really don't know that every finance minister have background from economic and commerce.

[DuskyRisky]

Whose money to give freebies to non revenue states there not infrastructure iT policy education skill higher education industry 🤔 🙄
We need tax autonomous then bimaru and west Bengal will Punjab etc learn to have job revenue tax generation policy
Which nation reversing reforms of economy Spain Greece France pension reforms

[ayushmankar]

SUVs ke uper 22% Cess nahi lagana chahiye tha .

[agentdevplayz]

online skill based games such as free fire valorant bgmi codm are rising. instead of supporting them govt just put on tax. already organizations' are loss making in this field. they will just run instead of investing