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GST Council Meeting Highlights: Everything Finance Minister Sitharaman and the GST Council decided on in Monday's meet

GST Council Meeting Key Highlights: Chaired by the Finance Minister, the GST Council is a constitutional body that oversees the implementation and regulation of the Goods and Services Tax. Comprised of state finance ministers, the Council makes recommendations on various GST-related matters, including tax rates, exemptions, thresholds, and administrative processes. Here are the highlights of Monday's meeting.

Finance Minister Nirmala Sitharaman on Monday chaired the 54th meeting of the Goods and Services Tax (GST) Council, consisting of state finance ministers, the panel discussed various matters ranging from online gaming levies to rate rationalisation. Here's everything the panel deliberated. Issue on GST on online transactions under Rs 2,000 referred to Fitment Committee for further discussions, says Uttarakhand Finance Minister Premchand Aggarwal GST on religious travel via helicopter reduced to 5 per cent from 18 per cent GST Council defers announcement on insurance premiums, say media reports (You can now subscribe to our Economic Times WhatsApp channel ).