Gst Rate Cuts
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150 Categories Of Products Cheaper After GST Cut, Says Mother Dairy Chief
A reduction in GST rates will result in more than 150 categories of products getting cheaper from September 22, the company's Managing Director Manish Bandlish told NDTV.
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GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
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"GST Simplification Is Major Step Forward": Amitabh Kant On Tax Overhaul
Rationalisation of GST slabs will lead to increased demand that will, in turn, push for greater investment as manufacturers ramp up production to meet that uptick, Amitabh Kant, the former CEO of government think-tank NITI Aayog, said.
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GST Rate Cuts To Spur Growth, Benefit First-Time Buyers: Auto Industry
The GST Council's decision to cut tax rates on various categories of automobiles is timely and will inject fresh momentum into the Indian automotive sector.
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"Big Diwali Gift": Businessman Harsh Goenka On GST Rates Revision
Industrialist Harsh Goenka has called the recent Centre's decision to slash and rationalise Goods and Services Tax (GST) rates under the NextGen GST framework a "big Diwali gift" for every Indian.
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GST Revamp: What's Cheaper, Costlier? See Full List Here
New GST Slabs: The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since its launch in 2017.
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What Gets Cheaper And Costlier From September 22 Under Revised GST Rates
The GST Council on Wednesday approved historical changes to India's indirect tax structure - adopting a 5 per cent and 18 per cent tax structure - and several daily-use goods will become cheaper from September 22.
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India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
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GST Council Meeting: No Revision On GST Rate For Two-Wheelers
The 41st GST or Goods and Services Tax Council meeting was held today, chaired by Finance Minister, Nirmala Sitharaman. There was no discussion on revising GST rates for two-wheelers and therefore, the current rate of 28 per cent is still applicable.
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GST Reduction & Scrappage Policy Will Help Revive Commercial Vehicle Industry: Ashok Leyland
The highly awaited scrappage policy and lowering of GST rates could play an essential role in reviving the commercial vehicle sector, which has been facing a constant downward trend for quite some time now. According to a top Ashok Leyland official, the GST rate cut and the scrappage policy will be beneficial in reviving the Indian CV space. As per...
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GST Panel Unlikely To Favour Tax Rate Cut For Auto Sector
India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.
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GST Fitment Committee Opposes Tax Rate Cut On Automobiles
Late last week, the GST Fitment Committee, a panel of GST officials from the GST Council, came together to discuss the repercussions of GST rate cut on automobiles.
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TVS, Hero And Bajaj Seek GST Rate Cut On Two-Wheelers
Indian two-wheeler manufacturers seek reduction in Goods and Service Tax (GST) rate on motorcycles and scooters.
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"Statistics Manipulated To Distort Facts": Sitaram Yechury Attacks PM
CPI(M) general secretary Sitaram Yechury on Sunday alleged that Prime Minister Narendra Modi was resorting to manipulation of statistics to paint a rosy picture of his government's achievements.
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"After Defeat In 3 States... ": Rahul Gandhi's Attack Over GST Rate Cut
Congress President Rahul Gandhi on Saturday said the Modi government was forced to bring down the GST rates after electoral verdict in three Hindi heartland states and insisted that the people have already made up their mind to defeat BJP in 2019.
-
150 Categories Of Products Cheaper After GST Cut, Says Mother Dairy Chief
A reduction in GST rates will result in more than 150 categories of products getting cheaper from September 22, the company's Managing Director Manish Bandlish told NDTV.
-
GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
-
"GST Simplification Is Major Step Forward": Amitabh Kant On Tax Overhaul
Rationalisation of GST slabs will lead to increased demand that will, in turn, push for greater investment as manufacturers ramp up production to meet that uptick, Amitabh Kant, the former CEO of government think-tank NITI Aayog, said.
-
GST Rate Cuts To Spur Growth, Benefit First-Time Buyers: Auto Industry
The GST Council's decision to cut tax rates on various categories of automobiles is timely and will inject fresh momentum into the Indian automotive sector.
-
"Big Diwali Gift": Businessman Harsh Goenka On GST Rates Revision
Industrialist Harsh Goenka has called the recent Centre's decision to slash and rationalise Goods and Services Tax (GST) rates under the NextGen GST framework a "big Diwali gift" for every Indian.
-
GST Revamp: What's Cheaper, Costlier? See Full List Here
New GST Slabs: The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since its launch in 2017.
-
What Gets Cheaper And Costlier From September 22 Under Revised GST Rates
The GST Council on Wednesday approved historical changes to India's indirect tax structure - adopting a 5 per cent and 18 per cent tax structure - and several daily-use goods will become cheaper from September 22.
-
India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
-
GST Council Meeting: No Revision On GST Rate For Two-Wheelers
The 41st GST or Goods and Services Tax Council meeting was held today, chaired by Finance Minister, Nirmala Sitharaman. There was no discussion on revising GST rates for two-wheelers and therefore, the current rate of 28 per cent is still applicable.
-
GST Reduction & Scrappage Policy Will Help Revive Commercial Vehicle Industry: Ashok Leyland
The highly awaited scrappage policy and lowering of GST rates could play an essential role in reviving the commercial vehicle sector, which has been facing a constant downward trend for quite some time now. According to a top Ashok Leyland official, the GST rate cut and the scrappage policy will be beneficial in reviving the Indian CV space. As per...
-
GST Panel Unlikely To Favour Tax Rate Cut For Auto Sector
India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.
-
GST Fitment Committee Opposes Tax Rate Cut On Automobiles
Late last week, the GST Fitment Committee, a panel of GST officials from the GST Council, came together to discuss the repercussions of GST rate cut on automobiles.
-
TVS, Hero And Bajaj Seek GST Rate Cut On Two-Wheelers
Indian two-wheeler manufacturers seek reduction in Goods and Service Tax (GST) rate on motorcycles and scooters.
-
"Statistics Manipulated To Distort Facts": Sitaram Yechury Attacks PM
CPI(M) general secretary Sitaram Yechury on Sunday alleged that Prime Minister Narendra Modi was resorting to manipulation of statistics to paint a rosy picture of his government's achievements.
-
"After Defeat In 3 States... ": Rahul Gandhi's Attack Over GST Rate Cut
Congress President Rahul Gandhi on Saturday said the Modi government was forced to bring down the GST rates after electoral verdict in three Hindi heartland states and insisted that the people have already made up their mind to defeat BJP in 2019.
