GST Rate Slabs Merging Soon at 12% and 18%
The government will push the agenda of simplifying the Goods and Services Tax (GST) regime by rationalizing tax rate and lower the number of tax slabs in...
Tag : goods and services tax (GST)
Petrol, Diesel Price Highest in More Than a Year After Today
Even as crude oil rates have softened to multi-year lows, the price of both petrol and diesel have touched to record high levels. Following nine days of...
GST Council Meets Today for First-Time Post Lockdown
The 40th GST council meeting will be held on Friday under the chairmanship of Finance Minister Nirmala Sitharaman. Members of the GST Council will discuss the...
Samsonite to Pay Rs 25.7 Cr for not Passing on GST Benefits
The National Anti-Profiteering Authority has ordered Samsonite India, makers of American Tourister travel bags, to pay Rs 25.73 crore for continuing to charge higher goods...
India March Manufacturing PMI at Four-Month Low of 51.8
India’s manufacturing sector growth slowed to a four-month low in March as a nationwide lockdown, called to contain the COVID-19 outbreak, threw economic activity out...
Companies Act Provisions to be Decriminalised Soon: PM Modi
Hard selling his administration’s pro-business approach, Prime Minister Narendra Modi on Friday said the government is working to decriminalise provision of Companies Act to make...
GST Council to Cut Rates on Luxury Hotels and Catering Firms
The Goods and Services Tax (GST) Council is going to announce a cut in the tax rates at its Friday meeting on products and services that...
No Plan to Ban Petrol, Diesel Vehicles: Nitin Gadkari
The Government is not planning to ban petrol and diesel vehicle, said Union Transport Minister Nitin Gadkari. The auto industry battles its worst slowdown in several years...