Budget Gst

"The Centre and states both generate revenue from petrol. We can think about bringing petroleum under the GST. Maybe it is a solution,'' said Finance Minister Nirmala Sitharaman

Describing the Union Budget as "crony-centric", Congress leader Rahul Gandhi on Thursday said the micro, small, and medium enterprises (MSMEs) were given no low interest loans or GST relief which meant that the employers of India's largest workforce were "betrayed".

Goods and services tax or GST revenue collected in January stood at Rs 1.19 lakh crore, the finance ministry said on Sunday, in a record figure a day before the government unveils the country's annual budget.

Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.

Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.

Budget 2021: Individual taxpayers and the middle-class expect reduced GST rates in various sectors, and increased deduction for the interest on home loans from the taxable income

Budget 2021: The government should provide financing options, reduce GST on raw materials, reduce duties on lithium ion cell batteries, which may boost the sales of electric vehicles, according to Brickworks Ratings

Budget 2021: Experts believe that COVID cess may be made applicable to higher income brackets individuals or business with specified turnovers

Budget 2021: Cuts in GST rates, suspension of basel norms for three years, and measures to increase foreign investments are some demands which experts seek for the startup industry

Budget 2021: While the government had given signals of the GDP allocation towards the sector to be at six per cent of GDP, experts demand that the allocation should increase to 10 per cent

Union Budget 2021: Mumbai-based HDFC Securities has also recommended that the government should propose a reduction in Goods and Services Tax (GST) on smaller cars to 18 per cent

Budget 2021: The government should reduce the import duty on gold and goods and GSTto seven percent to boost gold trade, stated Ahammed MP, Chairman, Malabar Gold and Diamonds

Budget 2021: The government had offered Rs 25,000 crore stress asset fund for the uncompleted housing projects, increasing the differential from 10 to 20 per cent under Section 43(CA) till June 30, 2021

Budget 2021: Experts believe that for the long-term, the government must increase the investment for R&D, equipment, and medical infrastructure, to develop a stronger healthcare system

Budget 2021 should bring in amendments in the Income Tax and GST laws to offer more clarity to investors, traders, and crypto organizations, said Mr Sumit Gupta, CEO, and Co-Founder, CoinDCX

"The Centre and states both generate revenue from petrol. We can think about bringing petroleum under the GST. Maybe it is a solution,'' said Finance Minister Nirmala Sitharaman

Describing the Union Budget as "crony-centric", Congress leader Rahul Gandhi on Thursday said the micro, small, and medium enterprises (MSMEs) were given no low interest loans or GST relief which meant that the employers of India's largest workforce were "betrayed".

Goods and services tax or GST revenue collected in January stood at Rs 1.19 lakh crore, the finance ministry said on Sunday, in a record figure a day before the government unveils the country's annual budget.

Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.

Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.

Budget 2021: Individual taxpayers and the middle-class expect reduced GST rates in various sectors, and increased deduction for the interest on home loans from the taxable income

Budget 2021: The government should provide financing options, reduce GST on raw materials, reduce duties on lithium ion cell batteries, which may boost the sales of electric vehicles, according to Brickworks Ratings

Budget 2021: Experts believe that COVID cess may be made applicable to higher income brackets individuals or business with specified turnovers

Budget 2021: Cuts in GST rates, suspension of basel norms for three years, and measures to increase foreign investments are some demands which experts seek for the startup industry

Budget 2021: While the government had given signals of the GDP allocation towards the sector to be at six per cent of GDP, experts demand that the allocation should increase to 10 per cent

Union Budget 2021: Mumbai-based HDFC Securities has also recommended that the government should propose a reduction in Goods and Services Tax (GST) on smaller cars to 18 per cent

Budget 2021: The government should reduce the import duty on gold and goods and GSTto seven percent to boost gold trade, stated Ahammed MP, Chairman, Malabar Gold and Diamonds

Budget 2021: The government had offered Rs 25,000 crore stress asset fund for the uncompleted housing projects, increasing the differential from 10 to 20 per cent under Section 43(CA) till June 30, 2021

Budget 2021: Experts believe that for the long-term, the government must increase the investment for R&D, equipment, and medical infrastructure, to develop a stronger healthcare system

Budget 2021 should bring in amendments in the Income Tax and GST laws to offer more clarity to investors, traders, and crypto organizations, said Mr Sumit Gupta, CEO, and Co-Founder, CoinDCX