Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 7 days ago
- Bias Distribution
- 100% Right
The 54th GST Council meeting led to significant tax reductions aimed at making essential goods and services more affordable. Key decisions included reducing GST on select cancer medications to 5%, exempting funds for research and development, and lowering the tax on shared helicopter rides to 5%. The Council also formed a Group of Ministers (GoM) to explore GST exemptions for health and life insurance premiums, with recommendations expected by October. Additionally, a notable exemption was granted for the import of services by foreign airlines, which is expected to boost global confidence in India's aviation sector. Wet grinder manufacturers are also seeking a GST rate reduction from 18% to 12% due to its high prevalence in South Indian households.
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 7 days ago
- Bias Distribution
- 100% Right
Negative
20Serious
Neutral
Optimistic
Positive
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