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GST ON SWEETS
‘Markets will remain noisy. That’s how you make money’: Axis MF’s CEO & MD B. Gopkumar on SIPs, volatility and investingAxis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy in...- RBI MPC: India's Goldilocks moment dims, but the lights are not outIndia's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- 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...
- 7-seater EV race heats up as VinFast, Mahindra & Mahindra, BYD, JSW MG, Kia target big families in IndiaThe electric vehicle revolution in India is not just about getting from point A to B; it’s now about enhancing family journeys. With the em...
- 'Because of the GST reduction, people bought more sweets, clothes, Varanasi celebrates one of the 'grandest' DiwaliVaranasi experienced a grand Diwali celebration this year. Residents reported increased shopping and fireworks due to government GST reduct...
- Rising silver prices add a bitter twist to festive sweetsSweet shops across India are facing a shortage of silver varakh as prices surged to Rs 1.9 lakh per kg ahead of Diwali. Despite a GST cut o...
- GST 2.0 is here: From namkeens to biscuits, your kirana basket just got cheaperIndia's GST 2.0 slashes taxes on mass-consumed goods like namkeens and biscuits, aiming to ease household budgets and stimulate demand. Thi...
- 'Small bizmen don't deserve humiliation': Rahul attacks Modi govt over Annapoorna eatery owner's 'apology' to SitharamanThe owner of a small business in Coimbatore requests a simplified GST regime but faces disrespect from public servants. In contrast, billio...
- What is composition scheme of GST, who is eligible and how to opt for itFor those small businessmen and professionals who wants to register for GST but can't do so due to the burden of various GST law provisions...
- Exempt fizzy, juice-based drinks from sin tax: CompaniesNew Delhi-based Indian Beverage Association (IBA), an industry group that represents Coca-Cola, PepsiCo, Red Bull and Dabur, has urged the ...
- GST relief for pharma samples, discount offersClose to two years after GST was launched, the finance ministry sought to provide some answers on the question of discounts and freebies.
- GST helped you save Rs 320 per month: AnalysisGST not just made India one market, it also did away with tax-on-tax prevalent in the previous system.
- Your neighbourhood sweet shop could become a restaurant to dodge GSTBranded snacks are taxed at 12% and cakes are taxed at 18%. GST rate inside restaurants is 5%.
- Indians likely to spend less this Diwali, says surveyThe survey conducted by news app InShorts and research firm Ipsos said though 21 per cent will be spending more over last year, 18 per cent...
- GST did not have a very serious impact on us: Sambasiva Rao, Heritage Foods"Most of the milk, butter milk, lassi, curd are all exempt from GST so we do not see much impact of GST on any products," said Rao.
- No GST on traditional Rakhi; 5% tax on gold, silver rakhisThe finance ministry has said puja samagri, including holy red thread ‘kalava’, would attract nil GST. Thus, rakhi, which is in the form of...
- GST impact: Cheaper to eat sweets at shop counter than seated at tableIf you have the sweet at the counter and walk out after paying the bill, many mithaiwalas will charge 5% GST. But if you decide to enjoy it...
- Sweet makers find GST a tough nut to crackAs fruit jellies, mousse, pastries and pies come under the 18% GST slab, some are considering renaming and re-packaging them as sweets to p...
- 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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