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ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- GST cuts elude detergents, cosmetics; analysts and FMCG players say it's surprisingIndustry experts are surprised that detergents and cosmetics remain under the 18% GST slab despite the govt's restructuring aimed at boosti...
- Slice of GST: From chips to shampoo, FMCG cos plan to stuff more into Rs 5 and Rs 10 packsPrime Minister Narendra Modi had announced sweeping GST reforms in his Independence Day speech, the first such major revamp. The Centre pro...
- NAA investigating 250 retailers for 'profiteering'The National Anti-profiteering Authority (NAA) is "internally" investigating around 250 retailers following complaints that they raised pri...
- Consumers turning to open packs of essential items to avoid 5% GSTBimal Kothari, chairman, India Pulses & Grains Association (IPGA), said that though it is difficult to ascertain what percentage of consume...
- ATM withdrawals, funerals exempt: Nirmala Sitharaman issues GST clarificationClarifying on misconception over the levy of GST on some popular items, the finance minister said no tax has been levied either on cash wit...
- Behind the fuss about GST on essential items: Two sides of the same coinThe levy of GST on essential items such as pulses, cereals, and rice has led to an uproar that it'll lead to a rise in prices and impact th...
- Amid GST rates row, Shashi Tharoor wades into paneer butter masala meme festMany people have been wondering on social media whether paneer butter masala would get costlier with the new GST rates. Tharoor joins the m...
- Kerala-Centre face-off on GST: State FM Balagopal says no tax should be levied on common man's itemsDays after Sitharaman mentioned that Opposition-ruled states had given their nod for imposing 5 per cent GST on certain unbranded packaged ...
- No need to distort the GST packageGST allows manufacturers to claim credit for the taxes paid on inputs and creates audit trails in the income and production chain. Exemptio...
- FM Nirmala Sitharaman clarifies on GST rates on certain items, says decision taken to curb tax leakageFinance Minister Nirmala Sitharaman on Tuesday took to Twitter to clarify the decisions taken by the GST Council in its 47th meeting. The c...
- Misuse of exemption led to 5% GST on prepackaged food: FM Nirmala SitharamanShe added that the government was receiving complaints from suppliers and industry bodies and they wrote to the government to impose GST un...
- Centre clears air on pre-packaged food tax, says decision based on consensusThe GoM included members from seven states: Karnataka, Bihar, Goa, Kerala, Rajasthan, Uttar Pradesh, West Bengal, many of which are ruled b...
- Delhi CM Arvind Kejriwal demands Centre to withdraw GST on pre-packed, labelled foodA 5 per cent GST rate on pre-packed and labelled food items such as cereals, pulses and flour weighing less than 25 kg kicked in on Monday....
- Kerala opposes 5 per cent GST on pre-packed, labelled food items: Minister tells AssemblyFrom July 18, customers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital roo...
- GST on packed curd, paneer from MondayThe Central Board of Indirect Taxes and Customs on Thursday notified the decision of the GST Council on ending tax exemption for products i...
- GST on pre-packed labelled food items to increase traders' compliance burden, raise prices: CAITCAIT Secretary General Praveen Khandelwal said that to protest against this decision of the GST Council, the traders' delegation will meet ...
- PM Modi's 'Gabbar Singh Tax' is now turning into 'Grahasti Sarvnaash Tax': Rahul GandhiThis after the GST Council - the highest decision-making body on the levy of goods and services tax - accepted most of the recommendations ...
- Pre-packed labelled food items to attract GST, states pitch for continuation of compensationThe Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, also cleared a host of compliance procedures...
- GST can help households save nearly Rs 5,000 in a yearWhile price of daily-use food items like vegetable, fruits, milk, rice, flour, and pulses will remain unchanged under the GST, that of pack...
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