Goods And Services Taxation
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Tax Cuts On Cancer Drugs, Higher Tobacco Tax Can Boost Public Health: AIIMS Study
The Goods and Services Tax (GST) exemption of lifesaving cancer drugs and higher taxation on tobacco products are the steps aimed at strengthening public health in the country, according to a new study led by oncologists from
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Online Gaming Sector to Attract Investment Once Taxation Policy Is Finalised: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that the sector will attract investment once it is finalised.
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Anand Mahindra's Parota Tweet Highlights Oddity of GST Classifications
Billionaire industrialist Anand Mahindra tweeted today highlighting the peculiarity of a recent Goods and Services Taxation (GST) ruling which states that 'parotas' cannot be put in the same food category as 'roti', both of which are similarly prepared Indianflat breads.
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"GST May Have Flaws, But It's The Kanoon": Finance Minister Nirmala Sitharaman At Pune Event
Finance Minister Nirmala Sitharaman today admitted before a group of taxation experts that the Goods and Services Tax framework may still have some flaws two years since its introduction, but sharply advised them against "damning" a law that has been passed by Parliament with widespread approval.
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Budget 2018: Expectations For The Auto Industry From Arun Jaitley On Electric and Luxury Cars
This is the first Budget after the introduction of GST and we all know how the prices of cars were affected by the introduction of the Goods and Services Tax. GST did away with all the indirect taxation but the additional cess on luxury cars acted as a dampner for the car makers, in Budget 2018.
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SIAM Relieved At New Cess Rates, Welcomes Differential Taxes On Hybrids
The Society of Indian Automobile Manufacturers (SIAM) is relieved that a flat 25 per cent GST cess has not been imposed on all larger cars. SIAM however says that taxation on mid-sized passenger cars has almost been restored to pre-GST levels.
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10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know
The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars...
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GST Not An Easy Reform To Implement, Says Finance Minister Arun Jaitely
The Goods and Services Tax was not an "easy reform to implement" but it has evoked "great" public support with the government deciding not to blink in the face of opposition to the new taxation measure, Union Finance Minister Arun Jaitley said on Sunday.
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Misunderstandings About GST Are Being Spread: Finance Minister Arun Jaitley
The Goods and Services Tax (GST) is a very simple tax and several misunderstandings are being spread about this new taxation system, Union Finance Minister Arun Jaitley said today.
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Education Not Expensive Under GST: Government
Education will not become expensive under Goods and Services Tax (GST) regime as schooling up to higher secondary and most of the services provided to educational institutions are exempt from taxation, the government said today.
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Tax Cuts On Cancer Drugs, Higher Tobacco Tax Can Boost Public Health: AIIMS Study
The Goods and Services Tax (GST) exemption of lifesaving cancer drugs and higher taxation on tobacco products are the steps aimed at strengthening public health in the country, according to a new study led by oncologists from
-
Online Gaming Sector to Attract Investment Once Taxation Policy Is Finalised: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that the sector will attract investment once it is finalised.
-
Anand Mahindra's Parota Tweet Highlights Oddity of GST Classifications
Billionaire industrialist Anand Mahindra tweeted today highlighting the peculiarity of a recent Goods and Services Taxation (GST) ruling which states that 'parotas' cannot be put in the same food category as 'roti', both of which are similarly prepared Indianflat breads.
-
"GST May Have Flaws, But It's The Kanoon": Finance Minister Nirmala Sitharaman At Pune Event
Finance Minister Nirmala Sitharaman today admitted before a group of taxation experts that the Goods and Services Tax framework may still have some flaws two years since its introduction, but sharply advised them against "damning" a law that has been passed by Parliament with widespread approval.
-
Budget 2018: Expectations For The Auto Industry From Arun Jaitley On Electric and Luxury Cars
This is the first Budget after the introduction of GST and we all know how the prices of cars were affected by the introduction of the Goods and Services Tax. GST did away with all the indirect taxation but the additional cess on luxury cars acted as a dampner for the car makers, in Budget 2018.
-
SIAM Relieved At New Cess Rates, Welcomes Differential Taxes On Hybrids
The Society of Indian Automobile Manufacturers (SIAM) is relieved that a flat 25 per cent GST cess has not been imposed on all larger cars. SIAM however says that taxation on mid-sized passenger cars has almost been restored to pre-GST levels.
-
10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know
The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars...
-
GST Not An Easy Reform To Implement, Says Finance Minister Arun Jaitely
The Goods and Services Tax was not an "easy reform to implement" but it has evoked "great" public support with the government deciding not to blink in the face of opposition to the new taxation measure, Union Finance Minister Arun Jaitley said on Sunday.
-
Misunderstandings About GST Are Being Spread: Finance Minister Arun Jaitley
The Goods and Services Tax (GST) is a very simple tax and several misunderstandings are being spread about this new taxation system, Union Finance Minister Arun Jaitley said today.
-
Education Not Expensive Under GST: Government
Education will not become expensive under Goods and Services Tax (GST) regime as schooling up to higher secondary and most of the services provided to educational institutions are exempt from taxation, the government said today.
