Finance Desk – Here’s what’s on the agenda for the GST Council meeting:
Health and Life Insurance: The Council might lower the tax on these insurances, making them cheaper to buy.
Support for Older Adults: They’re thinking about reducing insurance costs for seniors.
Online Gaming Taxes: They’re checking how much money they’ve made from taxing online games since increasing the tax last year.
Stopping Fake Registrations: They’re working to stop fake registrations that cheat the system, and they’ll discuss how well they’re doing.
Fixing Past Mistakes: The Council will talk about forgiving some past tax errors if people pay what they owe soon.
This meeting is important because it decides how much tax you have to pay on things like insurance and online games.
