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"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
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"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
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"Tax On Life's Uncertainties": Nitin Gadkari's Letter To Nirmala Sitharaman
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans.
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Union Budget 2024: Experts Urge Centre To Remove 18% GST On Mental Health Services
The government must remove or limit the 18 per cent Goods and Services Tax (GST) on mental health services, and allocate resources strategically to help India become a mentally resilient society, experts said.
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What Varanasi Small Traders Expect From Union Budget 2024
"We have a lot of expectations from the Modi government, including reduction of GST on Banarasi sarees," Chandanlal, who runs a Banarasi saree business said.
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Lok Sabha Approves Setting Up Of GST Appellate Tribunal
Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST.
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Finance Bill Cleared In Lok Sabha With Tax Amendment On Debt Fund Gains
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
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Monthly GST Revenue Of Rs 1.50 Lakh Crore To Be New Normal: Indirect Taxes Board
Vivek Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends.
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Give Us New Trains, Release GST: Bhupesh Baghel Ahead Of Budget 2023
Ahead of the presentation of the Union Budget for fiscal 2023-24, on Wednesday, Chattisgarh Chief Minister Bhupesh Baghel said locals have put forward a demand for new trains in Jagadalpur and Surguja areas.
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GST Collection At Rs 1.55 Lakh Crore In January, Second Highest-Ever
The GST collection in January surged to over Rs 1.55 lakh crore, the second highest-ever mop-up, the finance ministry said on Tuesday.
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Budget 2023: Edtech Industry Eyes Tax Exemptions
Currently, core educational services are exempted from GST but Edtech products such as online courses and classes fall under the 18% GST slab.
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Budget 2023: Online Gaming Industry Seeks Lower GST, Clarity On Regulation
The industry leaders have been pleading with the government to levy GST at 18% instead of raising it to 28% for online gaming
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Budget 2023: What Pharma Industry Is Expecting
The budget should outline supportive policies, simplified regulations, and simple GST norms to aid in the development of the pharmaceutical industry, Indian Pharmaceutical Alliance (IPA) Secretary General Sudarshan Jain said.
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Budget 2023: Industry Asks For GST Reduction On Crop Protection Chemicals
The Agro Chem Federation of India (ACFI) urged the government to bring down the GST on crop protection chemicals to 5 per cent at par with fertilisers.
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Tax Collection To Exceed Budget Estimate By Nearly Rs 4 Lakh Crore: Revenue Secretary
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST (Goods and Services Tax ) mop-up, Revenue Secretary Tarun Bajaj said today.
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"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
-
"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
-
"Tax On Life's Uncertainties": Nitin Gadkari's Letter To Nirmala Sitharaman
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans.
-
Union Budget 2024: Experts Urge Centre To Remove 18% GST On Mental Health Services
The government must remove or limit the 18 per cent Goods and Services Tax (GST) on mental health services, and allocate resources strategically to help India become a mentally resilient society, experts said.
-
What Varanasi Small Traders Expect From Union Budget 2024
"We have a lot of expectations from the Modi government, including reduction of GST on Banarasi sarees," Chandanlal, who runs a Banarasi saree business said.
-
Lok Sabha Approves Setting Up Of GST Appellate Tribunal
Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST.
-
Finance Bill Cleared In Lok Sabha With Tax Amendment On Debt Fund Gains
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
-
Monthly GST Revenue Of Rs 1.50 Lakh Crore To Be New Normal: Indirect Taxes Board
Vivek Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends.
-
Give Us New Trains, Release GST: Bhupesh Baghel Ahead Of Budget 2023
Ahead of the presentation of the Union Budget for fiscal 2023-24, on Wednesday, Chattisgarh Chief Minister Bhupesh Baghel said locals have put forward a demand for new trains in Jagadalpur and Surguja areas.
-
GST Collection At Rs 1.55 Lakh Crore In January, Second Highest-Ever
The GST collection in January surged to over Rs 1.55 lakh crore, the second highest-ever mop-up, the finance ministry said on Tuesday.
-
Budget 2023: Edtech Industry Eyes Tax Exemptions
Currently, core educational services are exempted from GST but Edtech products such as online courses and classes fall under the 18% GST slab.
-
Budget 2023: Online Gaming Industry Seeks Lower GST, Clarity On Regulation
The industry leaders have been pleading with the government to levy GST at 18% instead of raising it to 28% for online gaming
-
Budget 2023: What Pharma Industry Is Expecting
The budget should outline supportive policies, simplified regulations, and simple GST norms to aid in the development of the pharmaceutical industry, Indian Pharmaceutical Alliance (IPA) Secretary General Sudarshan Jain said.
-
Budget 2023: Industry Asks For GST Reduction On Crop Protection Chemicals
The Agro Chem Federation of India (ACFI) urged the government to bring down the GST on crop protection chemicals to 5 per cent at par with fertilisers.
-
Tax Collection To Exceed Budget Estimate By Nearly Rs 4 Lakh Crore: Revenue Secretary
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST (Goods and Services Tax ) mop-up, Revenue Secretary Tarun Bajaj said today.
