Changes to Tax Rate on Used EV, Major Changes in Insurance will be in Proposal Before GST Council

Kerala Govt Notifies GST Payment Timeline and Rates under Finance Act 2024 The Kerala government has issued a notification regarding GST payment timelines and applicable rates under the Finance Act 2024. This includes details about the timeline for GST payments and the applicable tax rates for different categories of goods and services. The notification also addresses issues such as penalties for delayed payments and the process for filing returns. Businesses in Kerala are now required to comply with the new timelines and rates, ensuring that they meet the updated GST obligations. The move is part of the state's efforts to streamline tax administration and improve compliance among businesses.