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GST RATE SCHEDULES
Tata Motors shares jump 5% on strong growth guidance. What are Nomura, other brokerages saying?Tata Motors shares rose after outlining strong growth targets, including margin expansion and cash flow improvement. Brokerages remain divi...- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
- Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
- India’s influencer marketing industry to reach Rs 5,000 crore by 2027 as creator economy formalises: Kofluence reportThe creator economy in India is swiftly evolving into a robust and organised sector. Brands are stepping up their accountability, while cre...
- Gold imports from Dubai may rise after duty hike: GTRIIndia's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE tra...
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- GST Council should consider lowering tax on household insecticides to 5 pc: EY-HICA reportA new report recommends lowering the Goods and Services Tax on household insecticides. The current 18 percent rate could be reduced to 5 pe...
- 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...
- How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...
- New GST rate and HSN code list: FinMin notifies latest slab rates in seven schedulesThe Ministry of Finance has revised the GST rate framework, effective September 22, replacing the June 2017 notification. This new structur...
- No space for e-waste on the GST rate listToday, India has 1 billion mobile subscribers, around 57 million computers along with other gadgets and consumer electronics users.
- NPPA fixes ceiling prices of 814 scheduled formulations"Price of drugs where partial increase is expected due to roll out of GST will not be passed on to consumers as NPPA is working out a mecha...
- GST rate on construction sector hiked to 18%While notifying the tax rates for central GST, IGST and Union Territory GST, the Central Board of Excise and Customs (CBEC) tweaked the tax...
- Trademarks, goodwill will face GST of 18%Since intangibles such as trademarks and goodwill do not find a mention in the schedule they would fall in the category of residual entry, ...
- Prices of many essential drugs to rise up to 2.29% post-GSTThe government has fixed GST rate of 12 per cent on most of the essential drugs as against the current tax incidence of around 9 per cent.
- GST: Finance ministry clarifies after fears of lifting curbs on banned animal productsMay 18, 2017, GST Rate Schedule of Goods placed ivory, tortoise shell, whalebone, corals, shells of molluscs, crustaceans, as well as civet...
- Industrial alcohol, ethanol to attract 18% GST: Hasmukh AdhiaAdhia further said that the issue of transition stock provision is still under consideration and the GST Council will finalise the provisio...
- Paper industry hails move to keep school education out of GSTIndian Paper Manufacturers Association (IPMA) has written to GST council to keep the tax for paper products at a lower rate in the wider pu...
- Fixing tax rate can't be left to ministers alone: P Chidambaram"The GST council comprises ministers. Not all ministers are economists. Not all economists are legislators, not all legislators are lawyers...
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