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Chennai: The GST revision can cost Rs 1.43 lakh crore to the exchequer, while US tariffs at 25 per cent will lower India’s ...
GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre’s plan to reduce the number of tax slabs.
The additional cost from input credit reversal will likely be factored into the pricing of insurance policies, offsetting a large part of the intended relief for customers, they say ...
GST GoM approves Centre’s proposal to replace 4-tier system with 5% and 18% slabs; luxury goods to face 40% tax.
Telangana supports GST rate rationalisation with a compensation mechanism, proposing either continued compensation cess for states or raising GST rates on luxury goods. Ensuring state revenue ...
GST and TDS on earning snipped 6 percent real money gaming revenues, which total nearly 80 percent of income for the sector ...
The Indian stock market on Thursday ended higher on the sixth consecutive session as investors' sentiments are optimistic due to the possible Goods and Services Tax (GST) rate cut. At the end of the ...
Missing Texas woman found living with ‘lost African tribe’ in forests of Scotland: ‘Leave me alone’ ...
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GoM backs GST simplification: Proposal to cut tax slabs to two rates, add 40% for demerit goods
The panel is tasked with reviewing the Centre’s proposal to move 99 per cent of goods currently taxed at 12% to the 5% slab and 90 per cent of goods and services in the 28% slab to the 18% bracket.
Ashok Leyland’s shares have surged about 20% so far in 2025 as investors are hopeful about volume growth. Cyclicality in the MHCV segment though has been a concern for investors.
NEW DELHI: India’s federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers’ panel has endorsed the new rate ...
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