No tax on financial institution penalties, EV tax hike, popcorn tax readability, and different key highlights, ETCFO
The fifty fifth assembly of the Items and Providers Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, concluded on December 21, 2024, in Jaisalmer, Rajasthan, unveiling important reforms aimed toward simplifying the tax construction and addressing essential points throughout a number of sectors. From modifications affecting electrical automobiles (EVs) to readability on popcorn taxation,…