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GST Council To Hold 2-Day Meeting On September 3-4 To Discuss Key Reforms
The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation.
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Air India, Air India Express Post Rs 9,568-Crore Loss Before Tax In Financial Year 2025
Air India and Air India Express together posted a loss before tax of Rs 9,568.4 crore in the financial year ended March 2025, according to the civil aviation ministry.
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19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
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Lalit Modi Reveals He Cheated To Pass SAT And Study In US: "I Got 1560 On 1600"
Lalit Modi, IPL's first chairman, left India in 2010 amid investigations into tax evasion and money-laundering
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Bill To Ban Online Games Played With Money Passed In Lok Sabha
The Lok Sabha on Wednesday passed a legislation to ban online games played with money as it looks to check rising instances of addiction, money laundering and financial fraud through such applications.
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Nirmala Sitharaman Likely To Place GST Rate Overhaul Proposal Tomorrow
Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
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Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
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Cars, Mobile Phones, Computers. What May Get Cheaper In New GST System
An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.
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Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.
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Explained: GST Reforms Coming Soon. How You Will Benefit
India is set to witness major reforms in the Goods and Services Tax (GST) regime this year. These "next-generation" reforms would drop by before Diwali, Prime Minister Narendra Modi promised this morning.
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PM Modi Promises "Double Diwali" And "Next-Generation" Tax Gift This Year
Prime Minister Narendra Modi has promised a Diwali gift for the citizens of the country in his speech on the occasion of the 79th Independence Day.
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Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
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Trump Tariff Effect: Instagram User Shows Sharp Spike In Walmart Pricing
An Instagram user, Mercedes Chandler, recently shared a video from a Walmart store in the United States asserting how US President Donald Trump's tariffs are directly causing a sharp spike in prices across clothes and other items.
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"Normal Parliamentary Procedure": Kiren Rijiju On New Income Tax Bill
Amid criticism of the new Income Tax Bill's withdrawal from the Lok Sabha, Union Minister Kiren Rijiju said that introducing a Bill in Parliament after necessary amendments is a normal procedure.
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Gold Hits Record High After US Tariff Decision, Silver Crosses Rs 1.15 Lakh, Check Latest Rates
Gold prices climbed by Rs 800 to hit a fresh all-time high of Rs 1,03,420 per 10 grams in the national capital on Friday due to persistent buying by stockists, according to the All India Sarafa Association.
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GST Council To Hold 2-Day Meeting On September 3-4 To Discuss Key Reforms
The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation.
-
Air India, Air India Express Post Rs 9,568-Crore Loss Before Tax In Financial Year 2025
Air India and Air India Express together posted a loss before tax of Rs 9,568.4 crore in the financial year ended March 2025, according to the civil aviation ministry.
-
19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
-
Lalit Modi Reveals He Cheated To Pass SAT And Study In US: "I Got 1560 On 1600"
Lalit Modi, IPL's first chairman, left India in 2010 amid investigations into tax evasion and money-laundering
-
Bill To Ban Online Games Played With Money Passed In Lok Sabha
The Lok Sabha on Wednesday passed a legislation to ban online games played with money as it looks to check rising instances of addiction, money laundering and financial fraud through such applications.
-
Nirmala Sitharaman Likely To Place GST Rate Overhaul Proposal Tomorrow
Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
-
Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
-
Cars, Mobile Phones, Computers. What May Get Cheaper In New GST System
An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.
-
Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.
-
Explained: GST Reforms Coming Soon. How You Will Benefit
India is set to witness major reforms in the Goods and Services Tax (GST) regime this year. These "next-generation" reforms would drop by before Diwali, Prime Minister Narendra Modi promised this morning.
-
PM Modi Promises "Double Diwali" And "Next-Generation" Tax Gift This Year
Prime Minister Narendra Modi has promised a Diwali gift for the citizens of the country in his speech on the occasion of the 79th Independence Day.
-
Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
-
Trump Tariff Effect: Instagram User Shows Sharp Spike In Walmart Pricing
An Instagram user, Mercedes Chandler, recently shared a video from a Walmart store in the United States asserting how US President Donald Trump's tariffs are directly causing a sharp spike in prices across clothes and other items.
-
"Normal Parliamentary Procedure": Kiren Rijiju On New Income Tax Bill
Amid criticism of the new Income Tax Bill's withdrawal from the Lok Sabha, Union Minister Kiren Rijiju said that introducing a Bill in Parliament after necessary amendments is a normal procedure.
-
Gold Hits Record High After US Tariff Decision, Silver Crosses Rs 1.15 Lakh, Check Latest Rates
Gold prices climbed by Rs 800 to hit a fresh all-time high of Rs 1,03,420 per 10 grams in the national capital on Friday due to persistent buying by stockists, according to the All India Sarafa Association.
