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LUXURY SERVICES GST
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...- Will a strong brand play the role it is supposed to? 4 consumer electricals stocks with upside potential of up to 28%Many companies in this space have underperformed the broader market. The underperformance did not happen without reason. Margins were under...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Stock picks of the week: 6 stocks with consistent score improvement and upside potential of up to 29%At a time when there are so many headwinds for the markets, it is tough to imagine that things can get better. But sentiment is a fickle th...
- Emerging cities becoming strategic hubs for expansion beyond traditional metros: ReportIndia's global capability centres are expanding beyond major cities. Emerging locations are now key for company growth. This shift is drive...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- 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...
- GST 2.0: Luxury goods companies bank on buyers' discretion"Monday was a pretty good day for us with the Pitru Paksha ending on Sunday. Customers had been holding off on purchases and they started m...
- Hotel Rooms to Casinos: GST on key services in spotlight ahead of council meetTeam GST is convening to address service tax classifications within the 12%, 18%, and 28% slabs, aiming to simplify the regime and potentia...
- Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST SlabThe GST Council's GoM is considering moving 58 goods and 24 services, including luxury handbags, sunglasses, and cosmetic procedures, to a ...
- 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...
- Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenueThe Goods and Services Tax (GST), which subsumed 17 local taxes, was rolled out on July 1, 2017.
- Super sports car sales to grow by double digits: Lamborghini IndiaThe Italian super sports luxury carmaker said last year was a challenging year for the industry due to lingering after effects of demonetis...
- GST to help in better description of GDP: T C A AnantGST will provide data from the point of production to the point of sale because all these would be captured properly under the new indirect...
- 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.
- Heavy bikes, yachts, private jets to attract 31 per cent GSTThe cess for motorcycles with more than 350 cc engine has been kept at 3 per cent, taking the total incidence of taxation to 31 per cent.
- GST rates will have no inflationary impact: Arun JaitleyIntroducing four bills to give effect to GST, Jaitley said the legislations will have to be passed by Parliament and one by each of the sta...
- Auto industry meets Adhia; cess, luxury car definition in focusMaruti Suzuki MD and CEO Kenichi Ayukawa said implementation of Goods and Services Tax (GST) is good for the country but it has to be imple...
- Amid concerns, Niti Aayog supports four-slab GST & cess on sin goodsThere is ongoing debate whether GST, which is to be rolled out from April 1 next year, should be a single rate regime or should it have mul...
- Implementation of GST to benefit hospitality, luxury sectors by lowering costs for consumersA government-appointed panel has proposed 17-18% as GST which is much lower than what the hospitality and luxury sectors currently face.
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