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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...
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...
Edelweiss Financial shares tank 10% after Q4 net profit drops 17% to Rs 87.60 crore; firm announces dividendEdelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure...
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...
Tax on 100 items to be slashed? GST's rate rationalisation panel to decide next monthThe GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from...
GST rate on cement, steel, pipes, roofing sheets and other building materials: Implications on housing sectorA person should keep in mind the varied GST rate applicable on inputs and accordingly make a suitable decision. For example, the GST rate v...
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.
Now, only 35 goods in highest tax bracket of GSTThere were around 226 goods in the 28 per cent category when Goods and Services Tax (GST) was implemented on July 1, 2017.
Govt hints at reviewing rates in top GST bracketAfter slashing the GST rates of over 200 items last month, the government today hinted at reviewing levies on the items in the top 28 per c...
GST Rates: Items that will continue to be expensiveOnly luxury and sins goods are now only in the highest tax bracket and items of daily use are shifted to 18 per cent.
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...
Good days may follow goods in highest tax slab, next big GST move could reduce prices of many itemsItems in the 28% slab include washing machines, refrigerators, cement, ceiling fans, watches, automobiles, tobacco products, nutritional dr...
GST Council to continue rationalising rates: Pratap ShuklaThe GST Council, chaired by Finance Minister Arun Jaitley and comprising his state counterparts, at its meeting yesterday lowered tax rates...
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...