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Debunked: Increased Tax On Used Small Cars, EVs To Not Impact Individuals
In a recent development, the GST Council of India has increased the GST on small used cars and EVs from 12 to 18%. Here's how it will affect buyers.
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Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The entire team of Hike is engaged in the development of Web3 gaming platform ‘Rush Gaming Universe’.
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Acknowledge the Impact of GST on Cars
Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.
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"Will Messenger Of God Please Answer?" P Chidambaram's Swipe At Centre
Congress leader P Chidambaram has taken a swipe at Finance Minister Nirmala Sitharaman over the "act of God" comment she made on Thursday while describing the coronavirus pandemic and its impact on GST collection
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iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR Price in India Increased Due to GST Rate Impact
Apple has revised the iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR, and the iPhone 7 price in India on account of the increased GST that came into effect earlier today.
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Centre To Take Up Issue Of "Hefty" Tax On Hotel Rooms With GST Council
The Centre on Wednesday said it will certainly take up the issue of "hefty" GST on hotel rooms' tariff in the meeting of its council as it impacts the tourism industry.
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Have Not Studied Impact Of Note Ban, GST On Workers: Centre To Parliament
The government told the Lok Sabha on Monday that it has not assessed the impact of demonetisation and the GST on employees in the organised and unorganised sectors, including agricultural and contractual labour.
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Arun Jaitley Slams GST "Critics" Day After Raghuram Rajan's Remark
The GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said on Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion.
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World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
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Opinion: Modi-Shah Will Not Lose Gujarat For Another Decade Is My Bet
If elections are about perception, then the BJP won Gujarat even before Rahul Gandhi launched his extensive campaign in the state. In the last few months, much has been made about his aggressive campaigning in the state. About the Patidars and Hardik Patel's electoral speeches. About GST and the impact it has on the traders in Surat and in the busi...
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Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
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India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
-
Hyundai Absorbs Some GST Cess Hike Costs, Spares Some Variants Of Cars Like New Verna and Creta
Hyundai Motor India isn't passing on full impact of the hike in cess on GST to its customers. New Verna's promised price protection to apply in full to entry variant.
-
Blog: A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate
After two and a half months of much confusion around Goods and Services Tax (GST) on real estate that came into effect in India from July 1, 2017, the answer to the big question is here: "It depends on these 5 points."
-
Hyundai India Top Boss Reacts Strongly To Changes In GST Cess
Hyundai Motor India top boss YKKoo hit out at the frequent changes in tax rates on automobiles and went on to state that all the changes will have an adverse impact on the companys investment for new products and technology in India considering that there is an absence of a long term policy.
-
Debunked: Increased Tax On Used Small Cars, EVs To Not Impact Individuals
In a recent development, the GST Council of India has increased the GST on small used cars and EVs from 12 to 18%. Here's how it will affect buyers.
-
Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The entire team of Hike is engaged in the development of Web3 gaming platform ‘Rush Gaming Universe’.
-
Acknowledge the Impact of GST on Cars
Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.
-
"Will Messenger Of God Please Answer?" P Chidambaram's Swipe At Centre
Congress leader P Chidambaram has taken a swipe at Finance Minister Nirmala Sitharaman over the "act of God" comment she made on Thursday while describing the coronavirus pandemic and its impact on GST collection
-
iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR Price in India Increased Due to GST Rate Impact
Apple has revised the iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR, and the iPhone 7 price in India on account of the increased GST that came into effect earlier today.
-
Centre To Take Up Issue Of "Hefty" Tax On Hotel Rooms With GST Council
The Centre on Wednesday said it will certainly take up the issue of "hefty" GST on hotel rooms' tariff in the meeting of its council as it impacts the tourism industry.
-
Have Not Studied Impact Of Note Ban, GST On Workers: Centre To Parliament
The government told the Lok Sabha on Monday that it has not assessed the impact of demonetisation and the GST on employees in the organised and unorganised sectors, including agricultural and contractual labour.
-
Arun Jaitley Slams GST "Critics" Day After Raghuram Rajan's Remark
The GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said on Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion.
-
World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
-
Opinion: Modi-Shah Will Not Lose Gujarat For Another Decade Is My Bet
If elections are about perception, then the BJP won Gujarat even before Rahul Gandhi launched his extensive campaign in the state. In the last few months, much has been made about his aggressive campaigning in the state. About the Patidars and Hardik Patel's electoral speeches. About GST and the impact it has on the traders in Surat and in the busi...
-
Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
-
India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
-
Hyundai Absorbs Some GST Cess Hike Costs, Spares Some Variants Of Cars Like New Verna and Creta
Hyundai Motor India isn't passing on full impact of the hike in cess on GST to its customers. New Verna's promised price protection to apply in full to entry variant.
-
Blog: A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate
After two and a half months of much confusion around Goods and Services Tax (GST) on real estate that came into effect in India from July 1, 2017, the answer to the big question is here: "It depends on these 5 points."
-
Hyundai India Top Boss Reacts Strongly To Changes In GST Cess
Hyundai Motor India top boss YKKoo hit out at the frequent changes in tax rates on automobiles and went on to state that all the changes will have an adverse impact on the companys investment for new products and technology in India considering that there is an absence of a long term policy.
