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GST rates

Insurance sector has high expectations from upcoming 'Budget 2020-21'

Insurance sector has high expectations from upcoming 'Budget 2020-21'

Wed, Dec 18, 2019

Insurance sector has high expectations from upcoming 'Budget 2020-21'. Bajaj Allianz MD mentioned the expectations of reduction in GST rates for Insurance sector in exclusive talks with Zee Business. #GST #InsuranceSector #BajajAllianz

Budget 2019: Economic Survey sees economy at $5 tn, 8% growth rate; here's what FM Sitharaman can do to boost GDP

Budget 2019: Economic Survey sees economy at $5 tn, 8% growth rate; here's what FM Sitharaman can do to boost GDP

Thu, Jul 04, 2019

Post Economic Survey announcement, experts believe a few measures can actually help achieve this target, and one can expect certain announcements tomorrow during the presentation of Budget 2019.

Budget 2019 expectations: TCS, UDAN, passenger security fee, GST rates, bookings - check what airlines want

Budget 2019 expectations: TCS, UDAN, passenger security fee, GST rates, bookings - check what airlines want

Fri, Jun 28, 2019

Budget 2019 expectations: Indroneel Dutt – Chief Financial Officer at Cleartrip explained few major pointers which can help revive both airlines and passengers.

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Budget expectations, 3 GST tax rates to digital age - a freewheeling interview with Raj Nair, President, IMC CC&I

Budget expectations, 3 GST tax rates to digital age - a freewheeling interview with Raj Nair, President, IMC CC&I

Tue, Jun 18, 2019

Nair not only spoke about Budget 2019, but also highlighted key pointers for the Indian economy.

Decoded: Buying a house? See how this move will benefit you

Decoded: Buying a house? See how this move will benefit you

Mon, Feb 25, 2019

Central government cut GST rates drastically on Sunday and this is set to ensure affordable housing becomes cheaper. It will also make sure that housing prices are not hiked indiscriminately going forward.

GST rates slashed for under-construction flats, affordable housing

GST rates slashed for under-construction flats, affordable housing

Sun, Feb 24, 2019

In a big relief to home buyers, the GST Council Sunday slashed tax rates on under-construction housing properties to 5 per cent without the input tax credit, from the existing 12 per cent, Finance Minister Arun Jaitley said.

GST rates of under construction property to be slashed in next GST council meet: Sources

GST rates of under construction property to be slashed in next GST council meet: Sources

Wed, Feb 13, 2019

GST rates of under construction property may see a slash in rates in the next GST council meet which is due at 20th February. Watch the video to know more.

New Year new GST rates: These 23 items turn cheaper from January 1, 2019

New Year new GST rates: These 23 items turn cheaper from January 1, 2019

Tue, Jan 01, 2019

The GST Council on December 22 decided to cut tax rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks and exempted frozen and preserved vegetables from the levy. Listen in

GST rate cuts: Investors tap stocks of these companies, boost them up from 2% to 10%; here’s why

GST rate cuts: Investors tap stocks of these companies, boost them up from 2% to 10%; here’s why

Mon, Jul 23, 2018

The reason behind the rise of these stocks is because the council has trim down GST rates for about 100 items including FMCG and electronics ones.

As GST Council cuts rates, TVs, fridges, juices, washing machines get cheaper

As GST Council cuts rates, TVs, fridges, juices, washing machines get cheaper

Mon, Jul 23, 2018

The government’s decision to cut tax rates on a wide array of consumer items is bound to bring in cheer to consumers ahead of the festive season starting next month with Rakhi and Onam.

Want to buy a property? know GST rates here

Want to buy a property? know GST rates here

Fri, Feb 16, 2018

GST is expected to benefit both home buyers and developers.

Budget FY19: Will there be any change in GST?

Budget FY19: Will there be any change in GST?

Thu, Feb 01, 2018

Economic Survey 2018 says, “GST promises to be a buoyant source of future revenues.”

GST on entry to amusement parks, drinking water cut; here's what becomes cheaper post January 25

GST on entry to amusement parks, drinking water cut; here's what becomes cheaper post January 25

Fri, Jan 19, 2018

Among the 29 goods that have received a rate cut were second-hand vehicles medium and large cars and SUVs from 28% to 18%. Items like confectionery sugar and bio-diesel have also received a tax cut.

Uptick in CPI inflation validates caution displayed by MPC: ICRA

Uptick in CPI inflation validates caution displayed by MPC: ICRA

Fri, Jan 12, 2018

The hardening of the CPI inflation in December 2017 was led by the sharp jump in inflation for housing, as well as a base-effect led uptick in food inflation, with a limited impact of the cut in GST rates, said ICRA today.

India Inc may get relief in GST transition credit in Budget 2018

India Inc may get relief in GST transition credit in Budget 2018

Tue, Jan 09, 2018

Goods and Service Tax (GST) has been effective in India since July 2017, and many taxpayers, exporters, industries and markets have claimed that they faced difficulties in adapting the regime.

Extend pre-GST duty drawback rates till June: Par panel

Extend pre-GST duty drawback rates till June: Par panel

Tue, Dec 19, 2017

In its report on the 'Impact of Goods and Services Tax (GST) on Exports' placed in Parliament today, the Standing Committee on Commerce chaired by Naresh Gujral recommended that a formal mechanism for grievance redressal of exporters must be put in place.

How to file a complaint if you fail to get GST benefit; check here

How to file a complaint if you fail to get GST benefit; check here

Thu, Dec 07, 2017

In a bid to provide relief to consumers and corporates, the GST council's 23rd meeting has decided to slash tax rate of nearly 178 items from the higher slab of 28%.

ITC's food division eyes 10% revenue from chocolates in 5 years

ITC's food division eyes 10% revenue from chocolates in 5 years

Sun, Dec 03, 2017

The company's branded packaged food business, which spans categories like staples, spices, ready-to-eat, snack foods, bakery and confectionery, among others, reportedly clocked sales of over Rs 8,000 crore last fiscal.

First post-GST budget likely on Feb 1

First post-GST budget likely on Feb 1

Sun, Dec 03, 2017

The Budget session of Parliament may begin on January 30 with President Ram Nath Kovind addressing the Joint Session of both the Houses of Parliament, a senior government official said.

India Inc demands rate cut in December policy; will RBI follow?

India Inc demands rate cut in December policy; will RBI follow?

Sun, Dec 03, 2017

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will meet on December 5 and 6 for the Fifth Bi-monthly Monetary Policy Statement for 2017-18. The resolution of the MPC will be made public on December 6.

Prices of Fridge, AC & washing machines may soon become cheaper

Prices of Fridge, AC & washing machines may soon become cheaper

Mon, Nov 20, 2017

Since its inception on July 01, 2017, GST has undergone various revision. There are five tax slabs under this regime namely - 0%, 5%, 12%, 18% and 28%.

High Court judges, experts brainstorm on likely GST litigations

High Court judges, experts brainstorm on likely GST litigations

Sun, Nov 19, 2017

Top domain experts and officials from the GST Intelligence and the Central Board of Excise and Customs (CBEC) briefed judges about the new tax system recently, according to documents available in the public domain.

High Court questions 12% GST on sanitary napkins

High Court questions 12% GST on sanitary napkins

Thu, Nov 16, 2017

The Delhi High Court on Wednesday questioned the central government`s decision to impose 12 per cent tax on sanitary napkins under the GST regime, saying it has exempted "bindi, kajal, sindoor" which seem more essential than sanitary napkins.

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