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2 mins read
Karnataka announces cess on transactions conducted through aggregator platforms such as Swiggy, Zomato, Uber and more
The government of Karnataka has announced to impose new cess on transactions conducted through aggr…
1 min read
Rise in cess, surcharge shrinking states' share in divisive pool of taxes: Kerala CM
Vijayan was speaking at a conclave of five non-BJP-ruled states organised by Kerala to discuss the …
PTI
1 min read
Karnataka govt proposes to impose 2% cess on movie tickets, OTT subscription fees
The Karnataka state government has proposed a new cess ranging from one to two percent, on cinema t…
ANI
4 mins read
Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline
As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…
1 min read
Telangana minister wants cess scrapped and fuel prices back to 2014 levels
Telangana's Industry and Commerce Minister K.T. Rama Rao on Sunday demanded the Narendra Modi-led C…
3 mins read
India may be considering a COVID cess on high income earners — aside from more levy on fuel
Ahead of Budget 2021, India is mulling imposition of an additional COVID cess or surcharge on high …
2 mins read
GST council and states fail to reach consensus on compensation cess — 'No dispute, we may have differences,' says Sitharaman
“There is no dispute, we may have differences,” said Sitharaman. According to her, most of the s…
2 mins read
'Cess introduced in budget will boost states' agri infra'
With many opposition parties slamming the introduction of cess in the budget, presented by Finance …
PTI
2 mins read
No rise in retail petrol/diesel prices despite new cess in Budget
New Delhi, Feb.The government on Monday imposed agriculture and infrastructure development cess at …
2 mins read
Government needs to work on re-establishing trust with states, says former finance minister P Chidambaram
"I welcomed the change of heart," he tweeted and asked the Centre to clarify how the debt of states…
PTI
2 mins read
Government allows 20 states to meet GST compensation shortfall through open market borrowing
Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …
1 min read
Withdraw additional cess on cigarettes: FAIFA
New Delhi, Feb 2 () Farmers' body FAIFA on Sunday sought roll back of the proposal to levy addition…
PTI
2 mins read
GST compensation deadlock continues — government to release ₹20,000 crore cess tonight and offers relief for small companies
The 42nd meeting of the GST Council led by Finance Minister Nirmala Sitharaman stretched over seven…
2 mins read
13 states decide on GST compensation — only Manipur opts for borrowing entire shortfall in one go
Out of the 13, 12 states have opted for the first option, under which the Union government has o…
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
1 min read
Liquor to become cheaper in Delhi, as government withdraws coronavirus cess
The government has, however, increased the Value Added Tax (VAT) on all categories of liquor f…
PTI
3 mins read
The super rich in India may face wealth tax and one-time COVID-19 relief cess of 4%
The Indian Revenue Service Association (IRSA) has suggested the imposition of wealth tax on the sup…
1 min read
Govt proposes health cess on import of medical equipment
New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday proposed to impose a nominal he…
PTI
2 mins read
GST Council likely to approve two-year extension of compensation cess levy
As the Council is likely to adopt the compensation formula suggested by t he Centre in the dif…