Nirmala Sitharaman Rate Cut
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GST 2.0 Tax Cuts Kick In, What You Need To Know: 10 Points
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts.
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Tax Cuts, Sales Boost: Everything You Need To Know About New GST Rates
Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September 22.
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GST Reforms Structural, Will Benefit Middle Class, Farmers: Nirmala Sitharaman
GST reforms are not just for rationalising rates but structural too, Nirmala Sitharaman said on Wednesday, adding that the decision of the GST Council has been taken with full consensus and all ministers supported rate rationalisation.
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Toothpaste, Butter, Eraser: What Is Under 5% GST Or Is Now Exempt
The Goods and Services Tax Council, chaired by Finance Minister Nirmala Sitharaman, announced a major change that only two rates will remain from September 22 - 5 per cent and 18 per cent, eliminating the 12 per cent and 28 percent GST slabs.
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Cigarettes, Cold Drinks, Big Cars And Bikes: 40% GST For Sin, Super Luxury Items
The GST Council, chaired by Finance Minister Nirmala Sitharaman, cut the current four slabs down to two - scrapping the 12 per cent and 28 per cent rates, while retaining the 5 per cent and 18 per cent slabs.
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GST Council Meeting: What May Get Cheaper Or Cost More Under New Slabs
High hopes ride on the 56th GST Council meeting as it takes up proposals to simplify slabs and slash rates on key goods and services.
-
New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
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FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
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GST Council Exempts Gene Therapy, Cuts Tax Rate For Rice Kernels
Jaisalmer (Rajasthan): Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent and exempted life-saving gene therapy from tax.
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Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
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Petrol And Diesel Price In Delhi, Mumbai And Other Cities After Excise Cut
Fuel prices came down today, a day after the central government cut the excise duty on petrol and diesel. Finance Minister Nirmala Sitharaman yesterday announced a record cut of Rs 8 per litre of petrol and Rs 6 per litre on diesel.
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'Oversight Or Poll-Driven Hindsight?': Priyanka Gandhi On Nirmala Sitharaman's Interest Rate U-Turn
Congress leader Priyanka Gandhi today asked Finance Minister Nirmala Sitharaman if the Centre's overnight flip-flop on small savings scheme interest rates was a case of "oversight" as claimed or one of election-driven "hindsight".
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No Interest Cut On Small Savings, "Orders Issued By Oversight"
Steep cuts on interest rates on small savings schemes announced last evening were rolled back by the government today with Finance Minister Nirmala Sitharaman undoing what she called "orders issued by oversight".
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"Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
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RBI Chief Shaktikanta Das To Hold Briefing At 10 AM
Reserve Bank of India (RBI) Governor Shaktikanta Das will address the media at 10:00 am. The press briefing will take place days after Finance Minister Nirmala Sitharaman gave details of the Rs 20 lakh crore economic relief package announced by Prime Minister Narendra Modito help the economy recover from the shocks linked to the coronavirus pandemi...
-
GST 2.0 Tax Cuts Kick In, What You Need To Know: 10 Points
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts.
-
Tax Cuts, Sales Boost: Everything You Need To Know About New GST Rates
Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September 22.
-
GST Reforms Structural, Will Benefit Middle Class, Farmers: Nirmala Sitharaman
GST reforms are not just for rationalising rates but structural too, Nirmala Sitharaman said on Wednesday, adding that the decision of the GST Council has been taken with full consensus and all ministers supported rate rationalisation.
-
Toothpaste, Butter, Eraser: What Is Under 5% GST Or Is Now Exempt
The Goods and Services Tax Council, chaired by Finance Minister Nirmala Sitharaman, announced a major change that only two rates will remain from September 22 - 5 per cent and 18 per cent, eliminating the 12 per cent and 28 percent GST slabs.
-
Cigarettes, Cold Drinks, Big Cars And Bikes: 40% GST For Sin, Super Luxury Items
The GST Council, chaired by Finance Minister Nirmala Sitharaman, cut the current four slabs down to two - scrapping the 12 per cent and 28 per cent rates, while retaining the 5 per cent and 18 per cent slabs.
-
GST Council Meeting: What May Get Cheaper Or Cost More Under New Slabs
High hopes ride on the 56th GST Council meeting as it takes up proposals to simplify slabs and slash rates on key goods and services.
-
New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
-
FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
-
GST Council Exempts Gene Therapy, Cuts Tax Rate For Rice Kernels
Jaisalmer (Rajasthan): Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent and exempted life-saving gene therapy from tax.
-
Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
-
Petrol And Diesel Price In Delhi, Mumbai And Other Cities After Excise Cut
Fuel prices came down today, a day after the central government cut the excise duty on petrol and diesel. Finance Minister Nirmala Sitharaman yesterday announced a record cut of Rs 8 per litre of petrol and Rs 6 per litre on diesel.
-
'Oversight Or Poll-Driven Hindsight?': Priyanka Gandhi On Nirmala Sitharaman's Interest Rate U-Turn
Congress leader Priyanka Gandhi today asked Finance Minister Nirmala Sitharaman if the Centre's overnight flip-flop on small savings scheme interest rates was a case of "oversight" as claimed or one of election-driven "hindsight".
-
No Interest Cut On Small Savings, "Orders Issued By Oversight"
Steep cuts on interest rates on small savings schemes announced last evening were rolled back by the government today with Finance Minister Nirmala Sitharaman undoing what she called "orders issued by oversight".
-
"Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
-
RBI Chief Shaktikanta Das To Hold Briefing At 10 AM
Reserve Bank of India (RBI) Governor Shaktikanta Das will address the media at 10:00 am. The press briefing will take place days after Finance Minister Nirmala Sitharaman gave details of the Rs 20 lakh crore economic relief package announced by Prime Minister Narendra Modito help the economy recover from the shocks linked to the coronavirus pandemi...
