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COVID EFFECT ON GST
2 years, zero returns: Is it time for Nifty investors to be fearful or greedy?Nifty investors face two years of flat returns, mirroring past periods that historically led to significant market recoveries. Data shows t...- FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- UP Governor mandates uniforms in state universities and colleges, pushes NEP and skill-based educationUttar Pradesh Governor Anandiben Patel has directed all state universities and colleges to implement a uniform dress code, while emphasizin...
- Iran war impact: Essential drugs may cost up to 5% more, for nowThe immediate net consumer impact could be 3-5% higher prices, or roughly similar to what consumers paid before the late-September cuts in ...
- 6-years of GST: With record high collections, why it is an opportune time for rate rationalisationThe primary ideology behind rate rationalisation has been to simplify the GST rate structure and not to garner additional revenues for the ...
- GST collections drop to Rs 92,849 crore in June, break 8-month streak of crossing Rs 1 lakh croreThe government said July revenues are expected to be better. "It is expected that while the GST revenues have dipped during the month of Ju...
- NPPA directs manufacturers, marketing cos to pass on benefit of reduced GST to customersManufacturers can ensure price compliance at retailer level through revised price list, the authority said in an office memorandum issued W...
- GST Council to discuss tax rate on Covid essentials, compensation to states on FridayAhead of the first meeting of the top decision-making body, finance ministers of eight states ruled by non-BJP and like-minded parties -- R...
- Opposition states seek lower GST on Covid vaccines, medical gearWest Bengal finance minister Amit Mitra wrote to Sitharaman, the GST Council chair, to accept the state government's proposal of zero tax o...
- GST Council may decide on IGST levy on oxygen concentrators imported for personal use on May 28The Delhi High Court last week said that imposition of 12 per cent Integrated GST (IGST) on oxygen concentrators for personal use or those ...
- Nirmala Sitharaman says items already exempted from tax listed in Mamata Banerjee's letter to PM ModiEarlier today, West Bengal Chief Minister Mamata Banerjee had urged Prime Minister Narendra Modi to exempt COVID-related life-saving drugs ...
- Full GST, customs waiver for vaccines & Covid drugs counterproductive, will hurt consumers: Nirmala Sitharaman“If full exemption from GST were given, the domestic producers of these items would be unable to offset taxes paid on their inputs and inpu...
- GST waiver on Covid jabs, drugs will backfire: FM Nirmala SitharamanIn a set of 16 tweets on Sunday, she argued why a nominal GST was in the interest of manufacturers and citizens. GST rates vary from 5% on ...
- Plea in SC for GST exemption on COVID-19 related drugs, medical equipmentThe application sought direction to the Centre to issue appropriate ad-hoc guidelines, orders or notifications "exempting COVID-19 related ...
- GST collections to drop 20% in May due to state lockdown-like curfews, say experts"With closed shops, businesses, supply-chain bottlenecks, restricted movements etc, tax collections are set to fall nationally by 10-20% in...
- GST problem for schools, colleges that conduct online classesFor many educational institutes that invested in information technology and other infrastructure will now have to absorb the cost of GST. T...
- IGST waiver likely for PPE, ventilatorsThe exemption is likely to be for a quarter starting this month, along the lines of the exemption from basic customs duty and health cess o...
- Centre releases Rs 14,103 cr GST compensation to states; more to be released soonIn a bid to provide further relief to states amid the coronavirus outbreak, the finance ministry has released about Rs 34,000 crore in two ...
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