Searched for
LUXURY TAX SLAB
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...- 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...
- Auto sales hit record high in FY26 as tax cuts, rate easing drive demandIndia’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...
- KISSing those crazy GST slabs byeThe GST Council has streamlined the tax structure, introducing a 0%, 5%, 18%, and 40% tier system, eliminating the 28% slab except for luxu...
- Fitment panel clears two-slab GST structureThe GST Council is set to consider a proposal for a simplified two-slab GST structure of 5% and 18%, along with a 40% rate for sin and luxu...
- GST 2.0 should pave way towards single tax rate: ReportA Think Change Forum report advocates for GST 2.0 to adopt just two slabs—5% and 18%—capping the peak rate at 18% to simplify the tax syste...
- GST reforms to boost affordability and consumption across sectors: ReportGST reforms are coming soon. Systematix Research reports that food, consumer durables, and automobiles will benefit. Construction, healthca...
- Up to 75 pc of GST revenue comes from 18 pc slab: MoS FinanceAround 70-75 percent of GST revenues in 2023-24 came from the 18 percent slab. Only 5-6 percent was from the 12 percent slab. The highest 2...
- GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaksThe ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax slabs and rates. The...
- Centre denies reports of GST council planning to raise 5% tax slab to 8%The sources confirmed to ANI that there is no such proposal from the Council, this news is speculative and there is no truth in it.
- 46th GST Council meet on Dec 31, to discuss rate rationalisationCurrently, GST is a four-tier slab structure of 5, 12, 18 and 28%. Essential items are either exempted or taxed at the lowest slab, while l...
- GoM meet on GST rate rationalisation deferredThe Group of Ministers (GoM) on rate rationalisation, headed by Karnataka Chief Minister Basavaraj Bommai, also includes West Bengal Financ...
- GoM to meet on Nov 27 to finalise report on GST rate rationalisationSources said the Fitment committee, comprising tax officers from states and the centre, has made many "sweeping" recommendations regarding ...
- 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.
- 28% GST on luxury hotels likely to stayThe 28% tax on luxury hotels with tariffs of Rs. 7,500 and above makes India one of the most taxed countries in the world for hotels.
- Congress states seek full GST revamp, highest tax rate at 18 per centCongress-ruled states have written to union finance minister Arun Jaitley demanding “nothing less than a complete overhaul of GST structure...
- 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 rate on consumer durables should be 18%: CEAMACategorising consumer goods as items of mass consumption, the association has requested that the rate on all consumer durable products be k...
- Luxury goods firms in wait & watch modeAll that the council has come up with are different tax slabs and it is a bit premature to comment on the impact on the luxury sector.
- Expert view: Key takeaways from the new GST ratesIn lowering the rate on common use items from expected 6% to revised rate of 5%, the interests of common man seem to have played a key role.
Load More
