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As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...
Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
Tata Motors Q4 profit falls 32% to ₹5,783 crore on weak JLR performanceIn the March quarter, Tata Motors reported a significant 32 percent drop in net profit, reflecting increased operational costs and obstacle...
West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
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...
GST reforms: Govt mulls 5% slab for common man items; Luxury, sin goods to face 40% taxThe Centre is contemplating a significant GST overhaul, proposing a simplified structure with primary slabs of 5% and 18%, alongside a 40% ...
GST Council meet: Here's what will become cheaper for youFM Jaitley said that the recommendations by the fitment panel were considered in today's meet.
Tax on TV, fridge, commonly used household items came down post GST: FinMin reportThe GST has five tax slabs of 0, 5, 12, 18 and 28 per cent with daily essential items attracting 'nil' tax rates and some white goods, apar...
GST stabilised in short time, hints at further rejig of rates: FMIt is to be noted that the GST Council in the November meeting had decided to keep only sin goods and white goods under the 28 per cent tax...
Eating out, items of daily use get cheaper on lower GSTLarge retail outlets have also started advertising the downward revised prices of FMCG items like Shampoo, detergent and beauty products on...
Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
Arun Jaitley hints at pruning more items in the 28% GST slabItems in the 28% slab include washing machines, refrigerators, electrical fittings, cement, ceiling fans, automobiles, tobacco products, dr...
Council to consider slashing GST on common use goodsThe Council has been meeting every month since the GST regime, which amalgamated over a dozen central and state taxes, was introduced on Ju...
Dosa batter, custard powder, kitchen lighter may see cut in GSTTax rates on over two dozen products are being sought to be lowered by the GST Council after anomalies in their fixations were pointed out,...
Foodgrains, common man items to get cheaper under GSTCommon use items like hair oil, soaps, toothpaste to be taxed at 18% instead of present 22-24%. Decision on the rate of tax for services an...