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SUGAR TAX SLAB
Modi's Diwali gift unwrapped: GST reset kicks in, easing pressure on your walletPrime Minister Modi's Diwali gift arrives as GST 2.0 simplifies the tax system, reducing slabs from four to two. Daily-use items become che...- GST 2.0 gets the green light: What gets cheaper and costlier from September 22?GST Meeting Cheaper, Costlier: The GST Council has approved changes to India's indirect tax structure. Many daily-use goods will become che...
- GST 2.0: Biggest gainers and losers of the new tax regimeIndia has announced revised Goods and Services Tax (GST) rates. Finance Minister Nirmala Sitharaman announced GST cuts on many items. The c...
- GST Council slaps highest tax rate on aerated and other sugar-based drinksThe GST Council, during its 56th meeting, decided to increase the Goods and Services Tax (GST) on items with added sugar, sweeteners, or fl...
- Beverage companies seek 'sugar-based' tax in line with global modelsThe Indian Beverage Association urges the finance ministry for a sugar-based taxation system, aligning with global standards, ahead of a cr...
- GST on aerated beverages may be hiked to 35%; GST council decision on Dec 21The GoM on GST rate rationalisation has proposed increasing the tax on aerated beverages to 35% from 28% and similarly raising taxes on sin...
- High tax hindering carbonated soft drinks segment in India reach potential: ICRIER reportHigh taxes under India's GST regime are hampering the growth of the carbonated soft drinks sector, despite initiatives like 'Make in India'...
- Taxation of 40% on carbonated beverages hampering innovation: Indian Beverage Association’s JP MeenaIndia's beverage industry, facing a 40% GST on carbonated drinks, advocates for tax rationalization to spur innovation, job creation, and i...
- Budget 2023: Sugar stocks rally on benefits to co-operativesIf any deduction claimed for expenditure made on purchase of sugar has been disallowed, an application can be made to the assessing officer...
- Government should stop fleecing Indians: Congress on reports about possible change in GST rates"Preparing to impose new taxes of Rs 1,50,000 crore. Modi government finds new ways to fleece Indians by increasing GST slab from 5 per cen...
- Single GST rate slab ridiculous suggestion: Piyush GoyalSome political outfits had been clamouring for doing away with the four-slab GST rate structure and the Congress had promised to reduce it ...
- GST rates: Here's your complete guideAs India wakes up to a new tax regime, here is a quick guide to all the goods and services and their respective tax slabs.
- Government starts GST awareness drive for consumersThe government has already said that the benefits of a reduced tax rate post GST should be passed on to consumers by way of price reduction.
- You will have to shell out more for banking transactions from JulyThese services were so far taxed at 15% and the hike in the tax rate means that individuals will have to pay Rs 3 more for every Rs 100 pai...
- Common man items to get cheaper under GST; cars, consumer durables to attract 28% taxDaily use items like milk, fruits & veggies, food grains & cereals have been exempted; sugar, tea, coffee, edible oil, sweets placed in the...
- Daily-use items to become cheaper, say FMCG companiesThe announcement of the GST rates has brought cheer to at least some consumer goods firms, which expect the decision to help boost consumpt...
- GST to fuel consumption, say FMCG companiesThe GST slabs announced so far indicate that mass consumption items will be taxed lower, said Saugata Gupta, managing director at Marico.
- GST will make sugar cheaper in Tamil Nadu, Andhra Pradesh, no impact in other statesAccording to ISMA, consumers from Tamil Nadu and Andhra Pradesh, the two states which currently have VAT on sugar, will have to pay less on...
- Mayawati scraps Mulayam's sugar policy, mills in soupIn another major policy reversal, the Mayawati government in Uttar Pradesh on Friday decided to do away with the Mulayam Singh administrati...
- Easy tax regime for oil, telecom sectors: PCTwo months ahead of the budget for 2005-06, Finance Minister P Chidambaram today promised to make tax structure simpler for petroleum, tele...
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