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2 mins read

GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

ANI   


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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   


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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   


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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   


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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   


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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   


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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…

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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, …

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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   


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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…

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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…

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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   


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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   


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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…

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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   


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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…

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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   


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1 min read

Apple farmers of Himachal protest GST on boxes used to pack the fruit

Farmer's organisations and apple growers, under the banner of Samyukta Kisan Manch (SKM), demonstra…

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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…

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2 mins read

India lost ₹900 billion due to tax rate cuts under GST, says former Finance Minister Arun Jaitley

Just a few days ahead of the Union Budget, former Finance Minister Arun Jaitley said that the gover…