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GST ON RESTAURANT
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...- Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
- India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
- Assam emerges as concert hub; Rs 700 crore opportunity seen in 5 yearsAssam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A re...
- To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
- Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
- MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...
- Iran war: HUL hikes prices of Dove, Pears, Surf, Red LabelHindustan Unilever Limited has increased prices for its soap products. This move is a response to escalating costs of raw materials and pac...
- Court grants hotel interim stay on GST for eatery servicesThe Bombay High Court has granted an interim stay on the 18% GST levied on restaurant services within hotels charging over ₹7,500 per day f...
- Restaurants body writes to govt for rationalisation of GST ratesThe National Restaurants Association of India asks the government to rethink GST rates. Restaurants face high costs from rent, aggregator c...
- 18% GST instead of 5% to be charged on dining in a hotel if room rent per night is above this; know how much more it will cost?GST: From April 1, 2025 restaurants inside hotels will have to charge 18% GST from customers instead of 5% previously if the said restauran...
- Restaurant services in hotels with tariff over Rs 7,500 per day to attract 18 pc GST from AprilHotels with room tariffs over ₹7,500 per day will have their restaurants taxed at an 18% GST rate with input tax credit, according to new r...
- Swiggy, Zomato to collect 5% GST on deliveries, food not to get dearerFood delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman sai...
- Food delivery apps like Zomato & Swiggy, and Cloud kitchens may face GSTThe fitment committee, which comprises officers from various states that makes suggestions on tax rate changes, has recommended that the ec...
- Impact of GST on restaurant industry positive: SurveyMore than 70 per cent of the restaurant owners in the two cities believed GST is a positive decision for the industry, while 68 per cent bu...
- Restaurant associations to approach Finance Ministry for input tax credit on rentNational Restaurant Association of India (NRAI) said it is also planning to send representations to the finance ministry on the matter.
- Restaurant tax on GST Council agendaSources told ET the Centre is not keen on 12% GST as restaurants have not passed on the benefit of input credit to customers.
- Restaurateurs question calculations of governmentGovernment officials believe that with tax credit available on inputs and even furni ture or rent paid by the restaurants, the price should...
- Eating out may get cheaper as government plans flat 12% GST on all restaurantsAC restaurants currently charge 18% GST and non-AC ones charge 12%. Unifying the rate may mean giving up the ability to claim back taxes pa...
- How will your restaurant bill look like post GST?Earlier a normal restaurant bill used to show plethora of taxes which were charged by the state and the central government level.
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