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2 mins read
RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
3 mins read
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
5 mins read
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
3 mins read
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
2 mins read
Automobile dealers' association seeks GST cut on 2-wheelers from 28% to 18%
The Federation of Automobile Dealers Associations (FADA), the leading body of automobile retail in …
ANI
2 mins read
Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment
The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after Union M…
2 mins read
Three-tier GST rate structure could be announced as soon as next financial year, says report
The idea is, sources said, to move away from the present broad five rate structure of zero, …
2 mins read
Assocham for cut in GST rates by 25 pc across board
New Delhi, Jan 15 () Industry chamber Assocham on Wednesday urged the government to reduce GST rate…
PTI
2 mins read
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
4 mins read
Lower rates alone will not stop GST evasion — simpler rules will
However, 20 months after it was introduced in July 2017, it has failed on both counts. Let’s tak…
1 min read
SIAM seeks incentive based scrappage policy, GST rate cut on automobiles
New Delhi, Jan 27 () Auto industry body SIAM on Monday urged the government to announce an incentiv…
PTI
2 mins read
Cuts in home loan rates push sales across top cities
Indians buyers are coming home to the real estate sector. In the top seven cities, the housing sale…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
2 mins read
The world's third largest ceramic industry is banking on India's love for gaudy tiles
Indian government’s spending on construction and real estate ahead of elections, including affordab…
3 mins read
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …
PTI
1 min read
COVID-19: SIAM seeks GST rate cut, incentive based scrappage policy to revive auto sector
Besides, it has also asked to expedite release of all pending payments to vehicle manufacturers an…
PTI
4 mins read
India asks automakers to cut royalty payments to foreign parents, rather than seeking GST cuts
Top sources in the finance ministry said that India's tax policy on automobiles has been quite c…