New Delhi, Jan 17 (IANS) With a view to sustain demand in the housing sector, the realty industry wants tax and policy related relaxations in the upcoming Budget. With interest rates rising, a lot depends on Budget 2023 to support and
New Delhi, Oct 3 (IANS) The next few meetings of the GST Council would take the country’s new indirect tax regime closer to the goal of providing a transparent tax system with minimal exemptions and fewer rates. Sources working on the
New Delhi, June 12 Amid calls for lower levies on items and medicines required in Covid-19 treatment, the GST Council on Saturday decided to slash rates of several Covid-relief items to 5 per cent from existing 12-18 per cent levels,
New Delhi, Sep 17 In a setback to the automobile industry looking for a reduction in GST rates to help tide over the present crisis, the finance ministry has said current taxes on the sector were lower than pre-GST times
New Delhi, Sep 5 Pandemic Covid-19 battered auto industry awaits GST rate reduction and scrappage scheme announcement to tide over these testing times said Kenichi Ayukawa, MD & CEO, Maruti Suzuki India. Ayukawa spoke at the 60th SIAM Annual Convention
New Delhi, July 24 Finance Secretary Ajay Bhushan Pandey on Thursday said that GST rates can be reduced further, if the tax base increases. “Once the tax base increases, if we are able to enforce our tax laws, and everyone
Kolkata, Feb 10 The Centre has informally proposed to the GST Council that rationalisation of rates be done once in a year and not every three months, as the present system was bringing in a certain level of uncertainty for
New Delhi, June 12 Ahead of the Union Budget, the all-powerful GST Council will meet on June 20 and discuss the proposal to fix Rs 50 crore as the turnover threshold for entities to generate e-invoices on a centralised portal
New Delhi, Jan 18 (IANS) The Goods and Services Tax Council on Thursday decided to slash the GST rate on 54 services and 29 items, including old and used motor vehicles, public transport buses run on bio-fuels, sugar-boiled confectionery and packaged
Guwahait, Nov 10 The GST rate on 50 items of mass consumption, that were in the 28 per cent tax slab, has been slashed to 18, Bihar Deputy Chief Minister Sushil Kumar Modi, who heads the Group of Ministers panel
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