Finance Ministry not considering calamity cess on GSTMinistry sources said that in the present economic scenario during the COVID-19 pandemic, any purported proposal of introducing a calamity ...
23 May, 2020, 10.06 PM IST
Kerala flood cess may push up cos’ compliance burdenThe cess will only be on business-to-consumer (B2C) transactions and companies in real estate, aviation, banking and telecom would have to ...
29 May, 2019, 11.29 AM IST
No material impact of flood cess on gold sales: Industry sourcesGoods taxable at 1.5% State GST will attract a cess on value of 0.25%. Gold bullion and jewellery attracts GST (centre plus states) of 3%.
28 May, 2019, 09.24 AM IST
Kerala Budget: Movie tickets, beer and wine prices to be dearerAs the southern state faced a severe financial crunch, finance Minister T M Thomas Isaac presented the budgetary proposals for the 2019-20 ...
31 Jan, 2019, 09.05 PM IST
GST exemption limit doubled to give relief to small businessesGST Council has doubled exemption limit to Rs 20 lakh for NE states and Rs 40 lakh for others, Jaitley said.
11 Jan, 2019, 07.45 AM IST
GoM wants exemption limit for MSMEs to be increased, GST council yet to decideThe Group of Ministers under Modi has also suggested to the GST Council to allow additional borrowing over the permitted limit by states hi...
07 Jan, 2019, 11.54 AM IST
GST ministerial panel favours Kerala levying 1% cess for 2 yearsThe Group of Ministers under Modi has also suggested to the GST Council to allow additional borrowing over the permitted limit by states hi...
06 Jan, 2019, 11.08 PM IST
Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet todayCurrently, businesses with annual turnover of up to Rs 20 lakh are exempt from the Goods and Services Tax (GST).
06 Jan, 2019, 10.38 AM IST
Group of ministers says GST Council to seek states' views on 'disaster tax'"The GoM has decided that the GST Council will prepare a questionnaire and send to states for response..Out of the terms of reference of th...
15 Oct, 2018, 11.45 PM IST
Experts urge GoM, GST council, to increase cess on tobacco productsThe overall tax rate on all tobacco products in India is still very low compared to other middle-income countries, including those in South...
10 Oct, 2018, 06.08 PM IST
GST Council sets up GoM to review help for states hit by natural calamityJaitley said the GoM would also consider if the SDRF and NDRF mechanism were sufficient to address the issue or if more was needed to be do...
29 Sep, 2018, 11.18 AM IST
GoM formed to look into Kerala's demand for calamity cess: JaitleyThe Council also reviewed revenue trends and deficit of states, he said, adding state deficit this year is 13 per cent and may reduce furth...
28 Sep, 2018, 02.12 PM IST
GST Council's 30th meeting today, may consider cess on select items to help flood-hit KeralaThe Council, which is the apex decision making body on issues related to the GST, is expected to consider imposition of cess on select item...
28 Sep, 2018, 12.10 PM IST
Kerala floods hit passenger vehicle sales in AugustSales in the past month fell 2.46% from a year earlier to 287,186 units, data from the Society of Indian Automobile Manufacturers (SIAM) sh...
12 Sep, 2018, 03.59 PM IST
Centre’s view is very unsympathetic: Kerala Finance Minister Thomas Isaac"We asked for Rs 2,000 crore from the Centre. They gave Rs 600 crore," Kerala Finance Minister Thomas Isaac told ET in an interview.
28 Aug, 2018, 09.46 AM IST
Government has inherited 14-year policy of refusing foreign aid: Alphons KannanthanamAlphons, who has been in the thick of things, is continuously updating the rest of the country about the conditions in Kerala and listing o...
23 Aug, 2018, 04.46 PM IST
Kerala mulling 10% cess on GST, introduction of special lotteryThis decision was taken at a state Cabinet meeting chaired by Chief Minister Pinarayi Vijayan here today.
21 Aug, 2018, 07.03 PM IST