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GST ON COAL
Rajnath Singh vows India will not let Sindhu waters reach patrons of terrorAddressing an 'Intellectuals Meet' organised in Hyderabad by Telangana BJP, he said that through Operation Sindoor, the government had show...- Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependenceThe Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasif...
- Midcaps outperform Nifty, smallcap stocks in Q4, deliver 29% earnings growth: Motilal OswalMidcap companies emerged as the strongest performers in the March quarter earnings season, with profit growth outpacing both largecaps and ...
- Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocksEscalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...
- GST & coal cess changes to lower power tariffs: CERCThe Central Electricity Regulatory Commission (CERC) has declared that changes in GST and coal compensation cess qualify as 'change in law'...
- New GST reforms to bring down tax on coal, reduce power generation cost with removal of cess, says govtThe government announced Goods and Services Tax reforms for the coal sector. These reforms aim to lower the overall tax burden on coal. Con...
- Tax tweak on coal yields net positive for discomsThe GST rationalization on coal, increasing the rate to 18% while eliminating the ₹400/tonne compensation cess, is projected to lower power...
- Consumers pay Rs 25,000 crore price for high coal tax, keeping power out of GSTPetrol and diesel are not the only sources of energy for which consumers are paying through their nose because of high taxes and different ...
- JSW Group receives clarity from Maharashtra AAAR for GST on coalSeveral industries like cement and aluminium have also raised issues on this subject said lawyer Rohit Jain, partner at Economic Laws Pract...
- ITC may feel the heat as GST shortfall could lead to higher taxes on tobaccoCLSA said state governments’ tax revenue, including GST, grew just 1 per cent in April-August 2019 from a year ago period compared to the b...
- Relax, GST won't impact your power bills next monthTo a query whether the lower GST of 5% on coal would help reduce power tariffs, Goyal said he would meet the forum of regulators on Friday.
- Coal ministry sets up GST facilitation cell for stakeholdersThe all-powerful GST Council will meet on Sunday to review some of the rates on which industry has expressed its apprehension.
- Lower tax on coal under GST to help CIL clear stockpile: Official"With coal being put in the lowest tax slab of 5 per cent under the GST the market will respond positively. The inventories will go down," ...
- Welcome GST rate on coal; solar, wind will not be impacted: Piyush GoyalGoyal said,"the prices of solar and wind energy have hit record low and the industry is now able to stand on its own feet without any suppo...
- Odisha opposes clean environment tax on coalThe Odisha government, however, welcomed the GST Council's decision to impose no tax or the lowest possible tax on daily consumer goods.
- CoalMin urges FM not to disturb mode for collecting SEDThe Coal Ministry expects to collect about Rs 1,100 crore per annum from SED and fears that the levy would be subsumed following implementa...
- Exclude coal from GST list: States to centreState finance ministers have asked the Centre to exclude coal from the list of proposed Goods and Services Tax (GST), so as the tax rate do...
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