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GST rejig: Cheaper water, bikes; pricier shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …
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
GST council meeting today: Tax on health insurance premiums expected to be reduced, says report
The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…
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
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
Tax terrorism: INDIA bloc parties protest against GST on health, life insurance premiums
MPs from various parties such as TMC, Congress, AAP and NCP (SC), among others, participated in t…
PTI
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…
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
Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…
ANI
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
Parliamentary panel recommends reduction in GST on insurance products
There is a need to reduce the GST rate on insurance products, especially health and term insurance,…
ANI
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…
No proposal to raise excise duty on cigarettes, 'bidis' and smokeless tobacco, says Centre
"The GST rates on goods are fixed on the basis of GST Council recommendations. At present, the…
India sees a single-day rise of new 389 coronavirus infections, tally rises to 5,30,608
India saw a single-day rise of 389 coronavirus infections, taking the tally to 4,46,71,219 on Satur…
PTI
Increase in social pension, GST exemption for medicines, wheelchairs among major demands by welfare organisations
There are an estimated 140 million elderly people in India. The demands touch the sectors of …
Public health experts pitch for higher taxes on tobacco products to make India tobacco-free in 'Amrit Kaal'
Participating in a discussion on "Amrit Kaal: A Journey towards Tobacco-Free India", organised …
PTI
No GST for education and health care this year
GST will subsume central levies like excise duty on manufactured products and service tax on render…
GST exemption on domestic supplies, commercial imports of COVID drugs to make them costlier, says Finance Minister Nirmala Sitharaman
From the GST collected on vaccine, half is earned by the Centre and the other half by the St…