Tax Increases
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India Records Decade-High Navratri Sales As GST Cuts Fuel Consumer Boom
India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed to the Modi government's NextGen GST reforms, which reduced tax rates and increased product accessibility.
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Sonam Wangchuk To NDTV On Possible Arrest And Key Allegations
Ladakh statehood activist Sonam Wangchuk and the central government are on a warpath following the violent protests in the mountainous region that left four killed and over 50 injured.
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"Trust-Based Tax System": Amit Shah To NDTV On New GST Structure
Union Home Minister Amit Shah has said the new GST structure, which came into effect today, is a "trust-based tax system" that would increase both production and consumption in the country.
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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 Rates On Food Revised: All Your Questions Answered
From why ultra-high-temperature milk is exempt from GST to concerns about the higher rate on carbonated beverages, the Ministry of Finance has responded to key questions.
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Under New GST Rates, Even A Presidential Suite At India's Top Luxury Hotels Won't Cost You More
GST on premium hotel rooms has not increased at a time when many luxury goods are moving into the 40% tax slab
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IPL Tickets To Cost More? What GST Reforms Mean For Sports Fans
The Indian Premier League (IPL) tickets are all set to get more expensive after the government decided to hike GST on premium sporting events from 28 per cent to 40 per cent.
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Tax Panel Plans Steep Levies On Luxury Electric Cars In Blow For Tesla, BMW
A tax panel has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla, Mercedes-Benz, BMW and BYD.
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What Is A Digital Services Tax That Can Increase Trump Tariffs
A Digital Services Tax (DST) is a levy on the revenue that large digital companies earn from users in a country, even if the company has no physical office there.
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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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GST Collections Rise 7.5% In July To Rs 1.96 Lakh Crore
India's Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month previous year, according to government data released on Friday.
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Tesla's Long-Awaited India Debut Bets On Luxury Vehicle Buyers
Tesla Inc. is opening its first India showroom as Elon Musk's electric-vehicle maker looks to ply new markets and offset slowing sales where it's already well established.
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Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
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US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
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"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
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India Records Decade-High Navratri Sales As GST Cuts Fuel Consumer Boom
India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed to the Modi government's NextGen GST reforms, which reduced tax rates and increased product accessibility.
-
Sonam Wangchuk To NDTV On Possible Arrest And Key Allegations
Ladakh statehood activist Sonam Wangchuk and the central government are on a warpath following the violent protests in the mountainous region that left four killed and over 50 injured.
-
"Trust-Based Tax System": Amit Shah To NDTV On New GST Structure
Union Home Minister Amit Shah has said the new GST structure, which came into effect today, is a "trust-based tax system" that would increase both production and consumption in the country.
-
"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 Rates On Food Revised: All Your Questions Answered
From why ultra-high-temperature milk is exempt from GST to concerns about the higher rate on carbonated beverages, the Ministry of Finance has responded to key questions.
-
Under New GST Rates, Even A Presidential Suite At India's Top Luxury Hotels Won't Cost You More
GST on premium hotel rooms has not increased at a time when many luxury goods are moving into the 40% tax slab
-
IPL Tickets To Cost More? What GST Reforms Mean For Sports Fans
The Indian Premier League (IPL) tickets are all set to get more expensive after the government decided to hike GST on premium sporting events from 28 per cent to 40 per cent.
-
Tax Panel Plans Steep Levies On Luxury Electric Cars In Blow For Tesla, BMW
A tax panel has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla, Mercedes-Benz, BMW and BYD.
-
What Is A Digital Services Tax That Can Increase Trump Tariffs
A Digital Services Tax (DST) is a levy on the revenue that large digital companies earn from users in a country, even if the company has no physical office there.
-
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.
-
GST Collections Rise 7.5% In July To Rs 1.96 Lakh Crore
India's Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month previous year, according to government data released on Friday.
-
Tesla's Long-Awaited India Debut Bets On Luxury Vehicle Buyers
Tesla Inc. is opening its first India showroom as Elon Musk's electric-vehicle maker looks to ply new markets and offset slowing sales where it's already well established.
-
Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
-
US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
-
"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
