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GST EXEMPTION LIST
Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
Life insurers log 16% premium growth in FY26 on GST relief, shift to high-margin productsIndia’s life insurance industry recorded a 16% rise in new business premiums to ₹4.59 lakh crore in FY26, driven by GST exemption benefits,...
Why are hospital stocks defying market volatility? Demand, beds and growth plansOver the past five years, the sector has delivered strong growth, with revenues rising about 15.5% annually between FY2019-20 and FY2024-25...
Ola Electric vs Ather Energy: Which stock looks better after a stellar surge of up to 70% in April?Ola Electric shares have rebounded sharply, surging 68% in under 10 sessions, while Ather Energy gained 16% over the same period. Despite t...
General insurance reports 9% GWP growth in FY26India's general insurance sector saw robust growth in FY26. Gross written premium increased by 9%, reaching ₹3.36 lakh crore. This expansio...
Cars, ACs, Televisions & more: Full list of items that are likely to get cheaper under new GST reformsThe government plans to simplify GST by replacing the current four-tier structure with a two-rate system: 5% and 18%, plus a separate sin t...
More GST rate changes likely to address inverted duty, exemptionsInverted duty refers to structures where the rate of tax on inputs is more than the rate of tax on outward supplies, which discourages valu...
GST could see major overhaul; reducing tax slabs, pruning exempt list on tableThe new regime may have just three major tax rates covering most of the items against four now - 5%, 12%, 18% and 28%. The recast will seek...
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 ...
Bengal FM cautions govt against reviewing exemptions under GSTWest Bengal finance minister Amit Mitra, in his letter to Union finance minister Nirmala Sitharaman mentioned the exemptions to commodities...
GST rate for services: Arun Jaitley gives you all the detailsThe Goods and Services Tax Council broadly agreed on 4 tax bracket for services, though they are yet to decide on a tax bracket for gold.
GST exemption list likely to be kept around 100 itemsGoods of common use and services like healthcare and education may be spared in the final list being prepared in unison by the Centre and t...
Here's the list: What is cheaper and what is dearer after GSTThe prices of certain consumer durables like televisions, air conditioners, fridges and washing machines may however become cheaper with de...
- States push for common exempt list under GST
The State Finance Ministers also recommended traders with a turnover of less than Rs 1.5 crore be exempted from dual control which leads to...
- Govt's choice of sectors exempt from service tax is wrong
The finance ministry has proposed a list of service providers who will be not be taxed under the goods and services tax regime.
- Determining GST rates calls for cutting the clutter
The discussion paper on GST, released by the Empowered Committee of State Finance Ministers last week, turned out to be a damp squib, disap...