54th GST Council Meeting: No Decision on Small Digital Transactions, FM to Address Press Conference

📅 By Admin | September 09, 2024
📂 Categories: 54th GST Council
⏳ 4 Min Read

The 54th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is ongoing at Sushma Swaraj Bhawan, New Delhi. A press conference by the Finance Ministry is scheduled post 5 pm to announce the outcomes.

FM Nirmala Sitharaman is expected to address the media at 5:45 pm at the National Media Centre in New Delhi.

While there is broad agreement on reducing insurance premiums, specific details and decisions will be deferred to the next meeting. Uttarakhand Finance Minister Premchand Aggarwal confirmed that no decision has been made regarding the imposition of 18% GST on payment aggregators for small digital transactions. The matter remains under consideration, with no action taken on recommendations for transactions under ₹2,000.

GSTCouncil #FinanceMinistry #InsurancePremiums #DigitalTransactions #GSTUpdates #PressConference #TaxNews

https://aaermlawassociates.com/54th-gst-council-meeting-updates/