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COMPENSATION CESS
Tax matters, as does capital: Is it time for India to reconsider its LTCG tax policy on listed equities amid rising global competition?- VRS offer in hand? Check these tax rules before you accept the package
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing business
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...08 Oct, 2026, 12.25 PM IST
- 57th GST Council meeting rescheduled for October 8 from October 7; to be held at Bharat Mandapam in New DelhiThe 57th meeting of the Goods and Services Tax Council has been rescheduled to October 8, starting at 11 am. The meeting's location is the ...05 Oct, 2026, 08.59 PM IST
- How employees contributing to EPF on actual wage basis can be impacted due to hike in EPF wage ceiling limitAs of September 17, 2026, the EPF wage ceiling is set to increase from Rs 15,000 to Rs 25,000. This adjustment does not affect employees wh...24 Sep, 2026, 03.45 PM IST
- Subhash Chandra Garg cherry-picking figures from two different bases: CBICGarg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...10 Sep, 2026, 12.55 AM IST
- GST growth comparisons can’t be 'apples and oranges' says CBIC; hits back at 'misleading' claimsThe CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...09 Sep, 2026, 10.20 PM IST
- New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...31 Aug, 2026, 07.39 AM IST
- Tata Motors PV sees EV boom, bets on record festive quarter as bookings triple: ExecutiveTata Motors Passenger Vehicles Ltd is increasing its electric vehicle market share. The company has experienced a three-fold growth in elec...30 Aug, 2026, 02.01 PM IST
- Compensation cess accumulated in auto companies books to lapse on September 22: OfficialAuto companies face a potential loss of Rs 2,500 crore as the compensation cess on automobiles is set to lapse on September 22 with the new...09 Sep, 2025, 06.03 PM IST
- GST council to meet soon to discuss rate rationalisation, compensation cess futureThe Goods and Services Tax Council is expected to convene shortly in New Delhi. Discussions will focus on simplifying tax rates and rationa...24 May, 2025, 04.45 PM IST
- Compensation cess: GoM may seek more time to submit reportA group of ministers (GoM) will likely request the GST Council to extend the December 31 deadline for their report on compensation cess by ...14 Dec, 2024, 12.28 AM IST
- GoM may seek extension to conclude discussions and submit findings on compensation cessA Group of Ministers (GoM) may seek a three-month extension to conclude discussions on the future of the GST compensation cess beyond March...02 Dec, 2024, 09.35 PM IST
- GST Compensation Cess Future: Group of Ministers proposes merger with taxesThe GoM on GST discussed merging compensation cess with GST. States suggested no new items should be added during this transition. Compensa...16 Oct, 2024, 03.42 PM IST
- MoS Finance likely to be convenor of GoM on GST compensation cessA Group of Ministers led by Union Minister Pankaj Chaudhary will rework the GST compensation cess nomenclature. The panel will suggest how ...15 Sep, 2024, 11.55 AM IST
- GST Council to discuss on apportioning, renaming compensation cess beyond March 2026The GST Council will discuss the future of the compensation cess on luxury and demerit goods collected to repay loans taken by the Indian g...09 Oct, 2023, 03.25 PM IST
- Government notifies GST compensation cess extension to March 2026GST Compensation Cess is levied by the Goods and Services Tax (Compensation to States) Act 2017. The object of levying this cess is to comp...26 Jun, 2022, 07.30 AM IST
- GST compensation cess states revenue, Centre can't borrow against it: FinMin sourcesThe revenue accruing from GST compensation cess goes to the states and the Centre cannot borrow on the security of the tax which it does no...07 Sep, 2020, 11.14 PM IST
- GST compensation fund, cess can stay beyond 5 years if steep fall in revenue continues: Attorney GeneralThe country’s top law officer, however, said any decision to extend the cess beyond the five-year period would require endorsement by a thr...31 Aug, 2020, 06.52 AM IST
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