GST Council meeting begins: Tax rate on electric cars, food delivery apps and flavoured popcorn on cards

The 55th GST Council meeting in Jaisalmer deliberated on tax relief for insurance, increasing the tax rate on used EVs to 18%, clarifying the levy on food delivery apps, and potentially exempting gift vouchers from GST. A final decision on reducing insurance premiums and raising taxes on luxury items is pending, with states holding divergent views on certain proposals.