GST Rate Cuts

Farmer's organisations and apple growers, under the banner of Samyukta Kisan Manch (SKM), demonstrated at multiple locations in Himachal Pradesh and sought GST rate cut on boxes used for apple

GST fitment panel has recommended a short-term rate cut on four Covid-19 related items

Elaborating on the possibilities of the GST rate cut on vehicles segment, he said the details of the proposals are being worked out by the Finance Ministry and he is not privy to all the details

Govt would look into the auto industry's demand for lowering the tax rate on two-wheelers, said Sitharaman

Members of the GST Council discussed issues over videoconferencing in their first meeting since the coronavirus lockdown was imposed

Says GST rate reduction to go to Council; Council is likely to meet on Friday through video conferencing.

Tax receipts are expected to fall by Rs 2.5 trillion which may also be caused by the corporation tax and GST rate cuts

Subramanian further said that he thinks personal income tax cuts motivated by desired increased consumption are highly inequitable

Local Circles conducted a consumer survey to ascertain their perception of GST rate reduction benefits that have been passed on to them

Singapore has only one tax rate under GST- seven per cent -- on taxable goods and services while India has multiple slabs to charge the indirect tax

Travellers staying in a hotel room costing over Rs 7,500 per night will now have to pay GST of 18 per cent, against 28 per cent earlier

Move is likely to encourage polishing units to upscale manufacturing

The demand for exemptions and a "seamless system" of tariff mechanism and GST system is a self-contradictory demand

The government is examining a rate reduction for such vehicles by doing away with the cess, which will bring down the tax incidence from 43% to 28%

CEO Kim said such a positive step was necessary under the current circumstances in order to make "people come forward"

The council reduced GST rate on EVs from 12 per cent to 5 per cent and EV chargers to 5 per cent from 18 per cent

Jaitley gave these numbers in his latest blog, titled "How the Poor and the Middle Class Benefitted Most from the Modi Government Policies?"

NAA has received 80 investigation reports from which final orders have been issued in 29 cases

Listed players PVR, Inox Leisure to benefit from higher footfalls, ad revenue

So far, businesses with turnover of up to Rs 15 million were permitted to file returns quarterly