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Time of India
2 hours ago
- Politics
- Time of India
1.86 crore citizens register at Yogandhra campaign within two weeks
Vijayawada: The month-long 'Yogandhra' awareness campaign launched by the state government to promote Yoga has received 1.86 crore registrations within just two weeks of its launch on May 21. Tired of too many ads? go ad free now Under the 'Yogandhra' campaign, the state government set a target to enroll two crore citizens and had achieved 93% of the registrations by June 5. Special chief secretary (medical and health) and Yogandhra state nodal officer MT Krishna Babu submitted the status report on citizen registrations for the first two weeks to the group of ministers (GoM) on Thursday. Krishna Babu informed the GoM that, with another two weeks remaining for citizen registrations under the Yogandhra campaign, the registrations are expected to surpass the targeted two crore mark. Furthermore, the state has successfully surpassed the monthly target for the registration and training of Yoga trainers. Against the target of registering 2,600 master trainers, 5,451 (209%) have already been registered. At the mandal level, 1,47,817 trainers — accounting for 118% of the target of 1,25,000 — have been registered so far. Regarding the training of trainers, 5,451 master trainers (206% of the target) and 1,43,881 mandal trainers (115%) have been trained so far. A total of 78,730 locations have been registered across the state against the target of 1,34,991 for yoga programmes in connection with the to be celebrated on June 21. The main event will be held in Visakhapatnam, with Prime Minister Narendra Modi participating as the chief guest. Moreover, of the thematic yoga programmes scheduled to be held in all 26 districts during the month-long Yogandhra campaign, 11 have been conducted in the first two weeks. Tired of too many ads? go ad free now Programmes have been held at 42 of the 100 identified tourist spots across the State. A total of 15,783 yoga-related competitions have been held at the village and mandal levels. Krishna Babu further stated that chief minister Nara Chandrababu Naidu has set record-breaking performance targets, including the participation of five lakh people at a single location along the Visakhapatnam–Bheemili beach stretch on June 21.
Mint
a day ago
- Business
- Mint
GST Slab Rates: Which items fall under the 12% rate that council may remove? Are they going to be cheaper or dearer?
The GST Council is likely to soon consider the slabs of the goods and service tax. As per a new report, the Council may reduce the GST slabs from four to three, doing away with the 12 per cent GST rate. As per the report by Hindustan Times, citing people with knowledge of the matter, officials and experts advising the Group of Ministers (GoM) over rate rationalisation have reached a 'near consensus' that the current 12 per cent tax slab does not hold much relevance now. 'This could be the most plausible way to undertake a revenue neutral tax rate rationalisation exercise. However, the GST Council has to take a final call,' HT reported quoting the sources. Most Union and state government officials, experts and GoM representative have supported the proposal to remove the 12 per cent GST slab, the report said. If the slab is removed and a rate rationalisation is done, the items falling under the 12 per cent slab will either be moved to the 5 per cent or 18 per cent category. Presently, there are four tax slabs under the GST regime in India – 5 per cent, 12 per cent, 18 per cent and 28 per cent. Here are the items that are placed under 12 per cent GST slab. Goods falling under 12 per cent GST slab: Butter, ghee, processed food, almonds, mobiles, fruit juice, preparations of vegetables, fruits, nuts or other parts of plants including pickle murabba, chutney, jam, jelly, packed coconut water, umbrella and more. Services falling under 12 per cent GST slab: Hotel accommodations (up to ₹ 7,500 oer night tariff), passenger transport by air in non-economy classes, certain construction works, some multimodal transport services, and certain professional works. Some of the items are likely to be placed under 5 per cent GST slab, while other will be moved up to the 18 per cent category, if the report is to be believed. However, it is not known yet which item or service will be placed in which slab. It will only be known after the GST Council takes a final decision regarding the matter. The GST Council is expected to meet either in June or July.
News18
2 days ago
- Business
- News18
GST Council May Remove 12% Tax Slab: Which Items Might Get Cheaper?
Last Updated: GST Slab Rates 2025: The GST Council may eliminate the 12% tax slab, reducing the GST slabs from four to three. The Council, chaired by the Union finance minister. GST Slab Rates 2025: The GST Council is likely to soon consider a plan to eliminate the 12% tax slab, thus reducing the GST slab count from four to three, according to a CNBC-TV18 report citing sources. The Council is expected to meet in June-end or July, ahead of the monsoon session of Parliament. 'GST (goods and services tax) collections above Rs 2 lakh crore give confidence to the Council to consider trimming slabs," one of the sources was cited by CNBC-TV18 as saying. It added that the Council, chaired by the Union finance minister and comprising state counterparts, can trim rates by removing the 12% slab while keeping revenue neutrality in place. Currently, there are majorly four tax slabs under the GST regime — 5%, 12%, 18% and 28%. However, apart from this, there is a 3% GST on jewellery as well. According to a Hindustan Times report, most union and state government officials, experts and GoM representative have supported the plan to remove the 12% GST slab. The report said that the items falling under this slab could be shifted to either 5% or 18%. However, according to a CNBC Awaaz report, 'Many officials have advocated that daily-use mass consumption items should be shifted to the 5% tax slab." Items Under the 12% GST Slab? Currently, the 12% tax slab in India is applicable on a variety of goods and services. Here are some of the items: Services Under 12% Slab It is not yet known which items will be placed under 5% or 18%. It will be known only after the GST Council take its final decision on the basis of the GoM report, which will be submitted soon. The items that are shifted to 5% will get cheaper and those under 18% might get costlier. When Will GST Council Decide On The 12% Tax Rate? The GST Council is likely to discuss the issue in its upcoming meeting, which may take place in June-end or July before the monsoon session of Parliament. The monsoon session will start from July 21. The GST Council will consider the proposal once it receives the report from the GoM on Rate Rationalisation. Importantly, the Group of Ministers (GoM) on Rate Rationalisation has not proposed any tax rate cut as of now. The two GoMs, which recommended a reduction in rates and providing exemption to certain categories, are yet to submit their final report to the GST Council. Around 12 per cent, the average GST rate has fallen below the revenue neutral rate of 15.3 per cent. This has prompted the need to start discussions on GST rate rationalisation. The GST Council in its meeting in December last year, did not take up the GoM reports on rate rationalisation and rate reduction in health and life insurance. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : GST GST Council GST Council meeting Location : New Delhi, India, India First Published: June 05, 2025, 13:39 IST News business » tax GST Council May Remove 12% Tax Slab: Which Items Might Get Cheaper?
India Today
2 days ago
- Business
- India Today
GST Council may remove 12% slab, shift items to 5% and 18%: Report
The Goods and Services Tax (GST) Council, which includes the Union Finance Minister and Finance Ministers from all states, may decide on the elimination of the 12% tax slab, reported Hindustan move is part of a broader strategy to simplify the GST rate structure, reducing the existing four slabs to three. The report indicated that the proposal has garnered backing from officials and experts involved with the Group of Ministers (GoM) on rate changes, achieving a "near consensus."advertisementA source quoted in the report said, 'This could be the most plausible way to undertake a revenue neutral tax rate rationalisation exercise. However, the GST Council has to take a final call.'Impact on goods and services Currently, the 12% tax slab encompasses a variety of goods, including condensed milk, caviar, 20-litre drinking water bottles, walkie-talkies, and contact items such as sausages, frozen vegetables, pasta, and various household goods also fall under this category. Services taxed at 12% comprise specific construction projects, hotel accommodations priced up to 7,500 per day, and non-economy air travel. The shift of these goods and services to either the 5% or 18% tax brackets is expected to streamline tax filings and classifications, enhancing compliance GST Council meetingThe GST Council's forthcoming meeting, anticipated to occur in June or July, is likely to focus on rationalising rates and alleviating compliance council's last meeting was held in December Mani, Partner at BDO India, highlighted the importance of this meeting, amd said, 'One of the key expectations from the 56th meeting of the GST Council is the decision on rate rationalisation on various goods and services.'The Group of Ministers on rate changes was established on 24th September 2021, following a GST Council meeting in Lucknow. Initially led by Basavaraj S Bommai, the group is currently chaired by Bihar Deputy Chief Minister Samrat proposal to remove the 12% slab has largely been accepted by Union and state officials, tax experts, and GoM members. This initiative is seen as a step towards achieving a more straightforward and effective GST Watch
Mint
2 days ago
- Business
- Mint
GST Council may eliminate 12% tax slab, to shift items to 5% and 18% rates: Report
The GST Council may soon consider a plan to rationalise the goods and services tax rates, reducing them from four to three by eliminating the 12 per cent tax slab, according to a report by the Hindustan Times, citing people aware of the development. The officials and experts advising the Group of Ministers (GoM) over rate rationalisation have reached a 'near consensus' that the current 12 per cent tax slab does not hold much relevance now and the items falling under this could be shifted to either 5 per cent or 18 per cent slab. 'This could be the most plausible way to undertake a revenue neutral tax rate rationalisation exercise. However, the GST Council has to take a final call,' the report quoted a person aware of the development. The proposal to remove 12 per cent tax slab has been supported by most Union and state government officials, experts and GoM representatives, it said. Presently, there are four tax slabs under the GST regime in India – 5 per cent, 12 per cent, 18 per cent and 28 per cent. Under the 12 per cent tax slabs goods such as such as condensed milk, caviar and caviar substitutes prepared from fish eggs, drinking water packed in 20 litre bottles, walkie talkies, tanks and other armoured fighting vehicles, contact lenses, cheese, dates and dried fruits, frozen vegetables, sausages and similar meat products, pasta, jams and jellies, fruit juice-based drinks, namkeens including bhujiya, curry paste, mayonnaise, tooth powder, feeding bottles, carpets, umbrellas, caps, bicycles, specific household utensils, furniture made of cane or wood, pencils and crayons, handbags and shopping bags made of jute or cotton, footwear priced lower than ₹ 1,000, diagnostic kits, and marble and granite blocks are currently included. Meanwhile services such as specified construction work, hotel rooms up to ₹ 7,500 per day, transport of passengers by air in non- economy classes, some types of multimodal transportation, and certain professional, technical and business services are included in the 12 per cent tax slab. The GST Council is expected to meet either in June or July. The apex decision-making body under the indirect tax regime comprises the Union Finance Minister and Finance Ministers (or senior ministers) of states. The Council last met in December 2024 and is expected to discuss proposals related to rate rationalisation and other issues, including the ease of compliance, the report said. The GoM on rate rationalisation was formed on September 24, 2021, after the decision of the 45th GST Council meeting in Lucknow. Its first convenor was convener was former Karnataka CM Basavaraj S Bommai. In November 2023, it was convened by UP Finance Minister Suresh Kumar Khanna. Subsequently, on February 27, 2024, Samrat Chaudhary, the deputy CM of Bihar, took on the role of convener.
