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GST SLAB
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- As India's R&D faces funding & talent crunch, Niti panel suggests 50+ fixesIndia's research and development spending lags behind global leaders. A Niti Aayog report highlights funding issues and bureaucratic delays...
- NITI backs 5% GST slab for R&D procurementNiti Aayog suggests bringing back a 5% GST rate for research and development purchases. This move aims to boost usable funds for research i...
- India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...
- NSE launches Electronic Gold Receipts, yet investors prefer ETFs and physical gold; here’s whyAn EGR is a digital certificate backed by actual physical gold stored in a Securities and Exchange Board of India (Sebi)-regulated vault. T...
- Marico, Radico Khaitan in focus as FMCG navigates inflation-led challengesIndia's FMCG sector navigates inflation. Input costs are rising, impacting margins. Companies are adjusting prices. Past cycles show resili...
- EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- 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...
- GST: Once branded Gabbar Singh Tax, it turns out to be Good and Simple TaxInitially criticised as the 'Gabbar Singh Tax' by the opposition, India's Goods and Services Tax (GST) has undergone significant evolution ...
- GST rate cuts will improve affordability and give a fillip to consumption: Morgan StanleyMorgan Stanley anticipates a significant boost in consumption due to the GST structure rationalization, particularly benefiting low-income ...
- Mobile phone makers call for 5% GST slab for handsetsThe mobile phone industry wants a lower GST rate. Currently, it is at 18%. The industry requests the government to reduce it to 5%. They sa...
- Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST SlabThe GST Council's GoM is considering moving 58 goods and 24 services, including luxury handbags, sunglasses, and cosmetic procedures, to a ...
- Ministers meet on GST rationalisation fails to reach consensusThe seven-member ministerial group led by Karnataka chief minister Basavaraj Bommai met online to examine various options for changing tax ...
- PM Modi says most articles to be taxed at 18% or lowerPM Modi indicated that the 28 per cent slab of GST would only be restricted to a few select items.
- GST slabs may reduce to 3 in long-term: Sanjeev SanyalThe three slabs could be a low of 5 percent, a central 15 percent and a top rate of 25 percent.
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