New GST rates: Is the puzzle over popcorn, paranthas and paneer finally solved?New GST Rates: The GST Council has approved a new tax structure effective September 22, resolving long-standing confusions on food items. P...
04 Sep, 2025, 07.37 PM IST
Make GST payments only by e-rupee, tokenisation can achieve total transparencyTo enhance the Goods and Services Tax (GST) system, the GST Council should mandate e-rupee use for payments to curb input tax credit fraud ...
02 Sep, 2025, 11.02 PM IST
PM Modi's tax overhaul may strain finances but boost image amid US trade tensionsNarendra Modi's government announced tax cuts to boost the economy. The goods and services tax regime will change in October. Daily essenti...
21 Aug, 2025, 05.58 PM IST
Explained: Government's GST revamp and how it will make goods cheaper in India?Prime Minister Narendra Modi has proposed a significant GST reform to reduce consumption levies on everyday goods and small cars, potential...
19 Aug, 2025, 12.34 PM IST
Our money pickpocketed by BJP: DMK's TKS Elangovan critcises Centre on GSTDMK's TKS Elangovan criticized the central government regarding GST. He accused the BJP of taking state funds. Elangovan stated that GST im...
27 Jul, 2025, 02.51 PM IST
'Brutal tool of economic injustice, corporate cronyism': Rahul Gandhi slams GST, calls for reformCongress leader Rahul Gandhi criticized the Goods and Services Tax (GST) on its eighth anniversary, calling it a tool of "corporate cronyis...
01 Jul, 2025, 04.42 PM IST
Changes in GST must be more comprehensive than mere rate reduction: CongressFinance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...
09 Mar, 2025, 08.05 PM IST
Need of hour radically-simplified, less-punitive GST 2.0: CongressThe Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The party calls for a...
09 Mar, 2025, 05.19 PM IST
Nirmala Sitharaman on GST rationalisation, popcorn controversy, BJP’s freebie trap & moreFinance Minister Nirmala Sitharaman discusses GST rate rationalisation, aiming to simplify rates for essential goods. She plans to reduce t...
04 Feb, 2025, 11.16 AM IST
Don't let the tail wag the dog: What Budget 2025 can do about India's growing tax overreachIndia's tax overreach and regulatory hurdles are deterring investors and undermining growth. Colonial-era institutions, designed for revenu...
29 Jan, 2025, 11.04 PM IST
'Holding phone in right hand will attract 18% GST': Insta prank on GST goes viral, watch videoFollowing an announcement about an increase in GST on caramel popcorn, the Finance Minister clarified caramelised popcorn is taxed higher d...
02 Jan, 2025, 04.20 PM IST
If tax on popcorn is a worry, try munching them in a movie hall. Thankfully, things may changeThe Indian government increased GST on caramel popcorn from 5% to 18%. This sparked discussions about the high cost of snacks in multiplexe...
28 Dec, 2024, 11.47 PM IST
How to tax popcorn? India's formula sparks outrage against GST systemIndia's new popcorn tax has everyone talking. Different flavors now have different GST rates. Plain popcorn is taxed at 5%, branded at 12%,...
24 Dec, 2024, 10.46 AM IST
GST Council meet: From no GST on penal charges by banks, NBFCs for loan defaults to 5% GST on new EVs & more; Here are top 10 outcomesThe GST Council lowered the compensation cess rate for merchant exporters to 0.1% and reduced the tax on fortified rice kernels to 5%. The ...
23 Dec, 2024, 12.44 PM IST
Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twistThe GST Council clarified the tax rates for popcorn. Ready-to-eat popcorn with salt and spices will be taxed at 5% if loose and 12% if pre-...
22 Dec, 2024, 10.38 AM IST