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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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GST 2.0 Healthcare Boost: Medicines, Devices And Insurance Get Cheaper From Today
Most medicines and medical devices will now attract only 5% GST, while individual health and life insurance premiums are completely exempt.
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New GST Rates Highlights: GST 2.0 Takes Effect, Food, Cars, TVs Become Cheaper
GST 2.0 Rates Highlights: The new Goods and Services Tax rates have taken effect today, with many items, including daily food and essentials, as well as life and health insurance policies, becoming cheaper.
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Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
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'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
-
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The Centre
By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
-
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.
-
Will Benefit Common Man, Farmers, Middle-Class: PM Modi On GST Overhaul
In a historic step toward overhauling India's indirect tax system, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved sweeping rate rationalisation reforms.
-
Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
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For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
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GST Portal Seeks Extension For Filing Return As Portal Faces Technical Glitch
The GST Network has sought an extension for filing GST sales returns after it flagged a technical glitch in its system to the Central Board of Indirect Taxes and Customs.
-
Smuggled Gold Seizures Rise 43% To 2,000 Kg During April-September
Smuggled gold seizures have increased nearly 43 per cent to 2,000 kilogramme during April-September, with most of the yellow metal entering India through the land borders of Myanmar, Nepal and Bangladesh.
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Congress Says Centre Charging 18% GST On Gangajal, Tax Body Refutes Claim
The Central Board of Indirect Taxes and Customs said no such tax has been imposed on Gangajal, used in puja and other ceremonies.
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28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
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Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
GST 2.0 Healthcare Boost: Medicines, Devices And Insurance Get Cheaper From Today
Most medicines and medical devices will now attract only 5% GST, while individual health and life insurance premiums are completely exempt.
-
New GST Rates Highlights: GST 2.0 Takes Effect, Food, Cars, TVs Become Cheaper
GST 2.0 Rates Highlights: The new Goods and Services Tax rates have taken effect today, with many items, including daily food and essentials, as well as life and health insurance policies, becoming cheaper.
-
Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
-
'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
-
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The Centre
By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
-
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.
-
Will Benefit Common Man, Farmers, Middle-Class: PM Modi On GST Overhaul
In a historic step toward overhauling India's indirect tax system, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved sweeping rate rationalisation reforms.
-
Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
-
For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
-
GST Portal Seeks Extension For Filing Return As Portal Faces Technical Glitch
The GST Network has sought an extension for filing GST sales returns after it flagged a technical glitch in its system to the Central Board of Indirect Taxes and Customs.
-
Smuggled Gold Seizures Rise 43% To 2,000 Kg During April-September
Smuggled gold seizures have increased nearly 43 per cent to 2,000 kilogramme during April-September, with most of the yellow metal entering India through the land borders of Myanmar, Nepal and Bangladesh.
-
Congress Says Centre Charging 18% GST On Gangajal, Tax Body Refutes Claim
The Central Board of Indirect Taxes and Customs said no such tax has been imposed on Gangajal, used in puja and other ceremonies.
-
28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
-
Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
