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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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Government Tax Panel Said to Be Unlikely to Reach Consensus on Taxing Online Gaming in December
A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.
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"It Was A Bad Idea": Raghuram Rajan To NDTV On Demonetisation
Raghuram Rajan, the former Governor of the Reserve Bank of India, says the lack of jobs in India is a very serious issue. In an exclusive interview with NDTV's Prannoy Roy, Mr Rajan cites the example of how 2.5 crore people in the country applied for 90,000 Railway jobs. Calling demonetisation a bad idea, Mr Rajan said India suffered because of it ...
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New Quadricycle Vehicle Category Approved By Indian Government
A new category of small vehicles - Quadricycles, has been approved by the Indian government and in particular the Ministry Of Road Transport and Highways. This new category, which will mainly be used to classify small four wheeled personal vehicles (or commercial vehicles) will have to pass a list of emissions, crash and other norms which will be l...
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Education Body Demands Rollback Of GST On Sector
Education Promotion Society for India (EPSI), the national body representing wide spectrum of education sector and education service providers has yesterday approached the government demanding rollback of GST applied on various service providers in the sector.
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GST Cess: All Land Rover SUVs Get Price Hikes
Land Rover is possibly one of the most affected brands when it comes to the new GST cess rates in India. Considering the fact that all Land Rover vehicles are large SUVS that are longer than the 4-metre length requirement that is needed for a lower cess bracket, every single SUV has received a price hike. Prices of the newly launched Discovery too ...
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GST Effect: Isuzu MU-X, V-Cross, D-Max Prices Reduced By Up To 12 Per Cent
Isuzu has announced a price reduction across its model line-up in the country. The automaker's flagship offering, the Isuzu MU-X now starts at Rs. 22,38,358 for the base 4x2 variant (ex-showroom, Chennai), a reduction of about 8 per cent in the city.
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GST Rates For Gold, Garments, Biscuits Decided: 10 Things To Know
The GST Council on Saturday at its 15th meeting finalised tax rates that will apply to gold and other goods like biscuits and garments. Finance Minister Arun Jaitley, who chaired the meet, said gold and gold jewellery would attract a GST rate of 3 per cent. The Council also decided on rates of yarns, agriculture machinery, apparels and rough diamon...
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India's Mega Reform GST, Set For July 1 Rollout, Leaves Some Worried
The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...
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What's The Cut-Off Limit For GST? Debate On Council's First Meet
The first meeting of the GST Council -- the decision making body to implement the goods and services tax or GST - which met for the first time on Thursday, was replete with agreements, disagreements and a few compromises.
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Government Didn't Apply its Mind on Land Bill, GST: Veerappa Moily
Congress leader Veerappa Moily today attacked the NDA government for bringing series of ordinances to amend the Land Acquisition Act, 2013 saying the current dispensation showed lack of application of mind on this key issue.
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
-
Government Tax Panel Said to Be Unlikely to Reach Consensus on Taxing Online Gaming in December
A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.
-
"It Was A Bad Idea": Raghuram Rajan To NDTV On Demonetisation
Raghuram Rajan, the former Governor of the Reserve Bank of India, says the lack of jobs in India is a very serious issue. In an exclusive interview with NDTV's Prannoy Roy, Mr Rajan cites the example of how 2.5 crore people in the country applied for 90,000 Railway jobs. Calling demonetisation a bad idea, Mr Rajan said India suffered because of it ...
-
New Quadricycle Vehicle Category Approved By Indian Government
A new category of small vehicles - Quadricycles, has been approved by the Indian government and in particular the Ministry Of Road Transport and Highways. This new category, which will mainly be used to classify small four wheeled personal vehicles (or commercial vehicles) will have to pass a list of emissions, crash and other norms which will be l...
-
Education Body Demands Rollback Of GST On Sector
Education Promotion Society for India (EPSI), the national body representing wide spectrum of education sector and education service providers has yesterday approached the government demanding rollback of GST applied on various service providers in the sector.
-
GST Cess: All Land Rover SUVs Get Price Hikes
Land Rover is possibly one of the most affected brands when it comes to the new GST cess rates in India. Considering the fact that all Land Rover vehicles are large SUVS that are longer than the 4-metre length requirement that is needed for a lower cess bracket, every single SUV has received a price hike. Prices of the newly launched Discovery too ...
-
GST Effect: Isuzu MU-X, V-Cross, D-Max Prices Reduced By Up To 12 Per Cent
Isuzu has announced a price reduction across its model line-up in the country. The automaker's flagship offering, the Isuzu MU-X now starts at Rs. 22,38,358 for the base 4x2 variant (ex-showroom, Chennai), a reduction of about 8 per cent in the city.
-
GST Rates For Gold, Garments, Biscuits Decided: 10 Things To Know
The GST Council on Saturday at its 15th meeting finalised tax rates that will apply to gold and other goods like biscuits and garments. Finance Minister Arun Jaitley, who chaired the meet, said gold and gold jewellery would attract a GST rate of 3 per cent. The Council also decided on rates of yarns, agriculture machinery, apparels and rough diamon...
-
India's Mega Reform GST, Set For July 1 Rollout, Leaves Some Worried
The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...
-
What's The Cut-Off Limit For GST? Debate On Council's First Meet
The first meeting of the GST Council -- the decision making body to implement the goods and services tax or GST - which met for the first time on Thursday, was replete with agreements, disagreements and a few compromises.
-
Government Didn't Apply its Mind on Land Bill, GST: Veerappa Moily
Congress leader Veerappa Moily today attacked the NDA government for bringing series of ordinances to amend the Land Acquisition Act, 2013 saying the current dispensation showed lack of application of mind on this key issue.
