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GST BRACKET
Home loan insurance: Protecting the dream home without paying more than you need toHome loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...- The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
- Maruti Suzuki lines up record capex of Rs 14k cr to add capacityMaruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...
- GST Council should consider lowering tax on household insecticides to 5 pc: EY-HICA reportA new report recommends lowering the Goods and Services Tax on household insecticides. The current 18 percent rate could be reduced to 5 pe...
- After Triumph, KTM, Bajaj joins 350cc shift: Pulsar NS400Z gets new engineBajaj Auto has updated the Pulsar NS400Z with a new 350cc engine, aligning with industry trends driven by GST benefits. This move, followin...
- KTM 350cc Duke and Adventure launched in India: Price, specs, and what's differentKTM has launched new 350cc variants of the 390 Duke and 390 Adventure in India, leveraging a lower GST slab to make its performance bikes m...
- Make the GST list shorter, not longerA GST panel recommends moving more goods to the 28% luxury slab to simplify mid-range categories and merge 12% and 18% slabs. Focus on exem...
- Pen makers ask Finance Ministry to reduce GST rate"The pen industry has been badly hit during the pandemic and has not recovered, as schools and offices are not yet fully operational," said...
- Pen in pain: Pen associations write to government over GST rate increaseIndustry trackers say that the low cost pens have high price elasticity and slightest increase in the cost results in disproportionate redu...
- GST slab of 28% may become virtual "hollow shell" in year or so, says CEAWhen the 28 per cent tax rate was imposed on certain items under GST, there was a political reaction against it, and the GST Council respon...
- Now, only 35 goods in highest tax bracket of GSTThere were around 226 goods in the 28 per cent category when Goods and Services Tax (GST) was implemented on July 1, 2017.
- GST stabilised in short time, hints at further rejig of rates: FMIt is to be noted that the GST Council in the November meeting had decided to keep only sin goods and white goods under the 28 per cent tax...
- Govt hints at reviewing rates in top GST bracketAfter slashing the GST rates of over 200 items last month, the government today hinted at reviewing levies on the items in the top 28 per c...
- Read why government slashed GST rates, and why more cuts are in the pipelineThe tax cuts exhibit the government's capacity to remain agile in the face of challenges. And it can further cut rates in near future.
- GST rates slashed on many items, here's what got cheaper and other major announcementsNot only GST on a number of items have been slashed, the GST Council also slashed tax on restaurants and gave major reprieve to traders and...
- GST council adopts concept paper discouraging tinkering with ratesA concept paper adopted by the council says no manufactured goods should be given outright exemption as this would hinder the Make in India...
- High GST may taper leasing industry growthApart from GST rates, there are other issues like input tax credit, penal interest/charges for delayed remittance of EMI and sale of reposs...
- There has been no announcement of cesses on services under GST and that's good newsThe announcements regarding GST rates on goods and services do not indicate a major deviation from the present tax rates, while also ensuri...
- Modi government set to put lottery tickets in the 28% GST bracket“The taxation has to be logical,” said Rahul Tangri, president, Playwin, an electronic lottery provider. “It would be very unfair if the go...
- Aviation Ministry bats for 12% GST rate on air ticketsThe rates committee on GST under the finance ministry is currently considering the proposal sent by the Aviation Ministry.
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