Delhi Finance Minister Atishi to Challenge GST on Education Research Grants
Delhi Finance Minister Atishi plans to challenge the imposition of GST on research grants procured by educational institutions during the 54th GST Council meeting. She argues that such taxation hinders research funding and will also address the proposal to tax online transactions under Rs 2,000.
- Country:
- India
Delhi Finance Minister Atishi announced her intent to challenge the imposition of GST on research grants for educational institutions in the upcoming 54th GST Council meeting.
Speaking at a press conference, she criticized the central government's reduced budget allocation for research and the 18% GST on grants from private entities, labeling it unjustified. Atishi pointed out that such taxes are not imposed on research grants in countries like the US and UK.
She also plans to oppose the proposed GST on online transactions below Rs 2,000, arguing that no such tax was previously applied to small transactions. Additionally, the GST Council meeting is expected to discuss a range of issues including insurance premium taxation and digital gaming regulations.
(With inputs from agencies.)
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