Arun Jaitley Tax Rate Cut

Speaking at an industry event, Mr Jaitley also said the government would look at reducing the goods and services tax on cement.

The centre has announced major cuts in the Goods and Services Tax charged on the sale of under construction residential properties - a move that's certain to find favour with middle class voters ahead of the coming elections.

Finance Minister Arun Jaitley on Thursday announced a series of measures under Goods and Services Tax (GST) to boost small businesses, while ruling out any more cuts under the indirect tax system until revenues improve. The decision to hold rate cuts under GST comes in the backdrop of shrinking collections under the indirect tax. "We will consider ...

The Bollywood film fraternity today welcomed the move to cut GST rates of movie tickets. Aamir Khan, Karan Johar, Akshay Kumar, Anupam Kher, Subhash Ghai, Prasoon Joshi and others took to social media to commend the move to reduce tax on movie tickets of two different price ranges.

The Goods and Services Tax (GST) Council on Saturday removed seven items from the 28 per cent tax bracket. While six items, such as monitors and TVs up to 32 inches, digital cameras and video game consoles, were shifted from the tax slab of 28 per cent to 18 per cent, one - parts and accessories for carriages for people with disabilities - was move...

The Goods and Services Tax (GST) Council on Saturday cut rates of 33 items from 18 per cent to 12 per cent and 5 per cent, Puducherry Chief Minister V Narayanasamy said, following a meeting chaired by Finance Minister Arun Jaitley. The meeting at Vigyan Bhawan was attended by finance ministers all the states.

GST Council in its meeting last week had decided to reduce taxes on 88 items, like sanitary napkins, fridge, small screen TV, footwear, among others.

Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.

As per estimates, every rupee cut in excise duty on petrol and diesel will result in a revenue loss of about Rs 13,000 crore.

The BSE benchmark index Sensex and NSE Nifty rose higher in morning trade, ahead of presentation of Budget 2018 by Finance Minister Arun Jaitley in Parliament at 11 am today. The Sensex rose over 250 points to touch an intraday high of 36,226.97. The NSE Nifty rose as much as 73 points to hit 11,100.70.Higher global markets have given a boost to In...

In his last full budget before 2019 elections, PM Modi is facing a revenue squeeze that may make it difficult to deliver on a promise to lower the basic corporate tax rate over time to 25 percent from 30 percent.

India slashed tax rates on some goods and services just days ahead of the country's budget, as it continues to rationalize its six-month-old regime to ease the pain for businesses hit by its chaotic roll out.

Congress leader P Chidambaram tweeted "Thank You Gujarat" after Finance Minister Arun Jaitley announced a big overhaul of new national tax GST on Friday. Hinting that the BJP government has timed the GST Rates review with an eye on next month's crucial elections in Gujarat, Mr Chidambaram said "...Your (Gujarat) elections did what Parliament and co...

Eating out has become cheaper after the GST Council Meeting led by Finance Minister Arun Jaitley revised the rates of the new national tax yesterday. The GST rate charged by restaurants has been cut to a uniform 5 per cent now -- from the earlier 12 per cent or 18 per cent, depending on whether you ate at an air-conditioned place or a restaurant wi...

Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hot...

Speaking at an industry event, Mr Jaitley also said the government would look at reducing the goods and services tax on cement.

The centre has announced major cuts in the Goods and Services Tax charged on the sale of under construction residential properties - a move that's certain to find favour with middle class voters ahead of the coming elections.

Finance Minister Arun Jaitley on Thursday announced a series of measures under Goods and Services Tax (GST) to boost small businesses, while ruling out any more cuts under the indirect tax system until revenues improve. The decision to hold rate cuts under GST comes in the backdrop of shrinking collections under the indirect tax. "We will consider ...

The Bollywood film fraternity today welcomed the move to cut GST rates of movie tickets. Aamir Khan, Karan Johar, Akshay Kumar, Anupam Kher, Subhash Ghai, Prasoon Joshi and others took to social media to commend the move to reduce tax on movie tickets of two different price ranges.

The Goods and Services Tax (GST) Council on Saturday removed seven items from the 28 per cent tax bracket. While six items, such as monitors and TVs up to 32 inches, digital cameras and video game consoles, were shifted from the tax slab of 28 per cent to 18 per cent, one - parts and accessories for carriages for people with disabilities - was move...

The Goods and Services Tax (GST) Council on Saturday cut rates of 33 items from 18 per cent to 12 per cent and 5 per cent, Puducherry Chief Minister V Narayanasamy said, following a meeting chaired by Finance Minister Arun Jaitley. The meeting at Vigyan Bhawan was attended by finance ministers all the states.

GST Council in its meeting last week had decided to reduce taxes on 88 items, like sanitary napkins, fridge, small screen TV, footwear, among others.

Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.

As per estimates, every rupee cut in excise duty on petrol and diesel will result in a revenue loss of about Rs 13,000 crore.

The BSE benchmark index Sensex and NSE Nifty rose higher in morning trade, ahead of presentation of Budget 2018 by Finance Minister Arun Jaitley in Parliament at 11 am today. The Sensex rose over 250 points to touch an intraday high of 36,226.97. The NSE Nifty rose as much as 73 points to hit 11,100.70.Higher global markets have given a boost to In...

In his last full budget before 2019 elections, PM Modi is facing a revenue squeeze that may make it difficult to deliver on a promise to lower the basic corporate tax rate over time to 25 percent from 30 percent.

India slashed tax rates on some goods and services just days ahead of the country's budget, as it continues to rationalize its six-month-old regime to ease the pain for businesses hit by its chaotic roll out.

Congress leader P Chidambaram tweeted "Thank You Gujarat" after Finance Minister Arun Jaitley announced a big overhaul of new national tax GST on Friday. Hinting that the BJP government has timed the GST Rates review with an eye on next month's crucial elections in Gujarat, Mr Chidambaram said "...Your (Gujarat) elections did what Parliament and co...

Eating out has become cheaper after the GST Council Meeting led by Finance Minister Arun Jaitley revised the rates of the new national tax yesterday. The GST rate charged by restaurants has been cut to a uniform 5 per cent now -- from the earlier 12 per cent or 18 per cent, depending on whether you ate at an air-conditioned place or a restaurant wi...

Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hot...