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MINES MINISTRY GST
As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling frameworkThe All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...- India's industrial production slows to 4% in September from 4.1% in AugustIndia's industrial output rose 4% in September, boosted by a stronger manufacturing sector. This marks an improvement from the previous yea...
- IIP growth in August eases to 4% over manufacturing dipIndia’s industrial output growth eased to 4% in August from 4.3% in July, mainly due to a slowdown in manufacturing, which grew 3.8% YoY. M...
- GST 2.0 to boost housing sector, small-scale enterprises: Mines MinistryThe recent GST rate revisions, particularly the reduction to 5% for mining sector items like marble and granite, are expected to positively...
- GST exemption for flight, motion simulators to help reduce training costs: Civil Aviation MinistryThe Civil Aviation Ministry announced GST exemptions for flight and motion simulators, benefiting airlines and training academies by reduci...
- Stocks in news: Jio Financial, Swiggy, Aptus Value Housing, Coal India, Maruti SuzukiIndian markets surged, fueled by GST Council optimism. Key highlights include BHEL securing a ₹2,600 crore order and Swiggy raising platfor...
- EPR for circular economy in discussion to incentivise recycling: OfficialUnder the Sustainable Development Goals (SDG) 2030 initiative, the Ministry of Mines and the Ministry of Steel have issued recycling framew...
- Power Ministry proposes tax sops, green clearances for pumped storage hydro projectsKeeping in view the immense utility of the PSPs in grid stabilisation as well as meeting the peaking power demand, a need for formulating s...
- Domestic aluminium industry seeks reduction in basic custom duty on critical raw materialsThe domestic aluminium industry, under representation from the AAI, has sought immediate government support through the forthcoming Union B...
- Tax authorities bust fake invoicing racket of Rs 685 crore“From preliminary scrutiny of the seized documents, the data/information available on E-way Portal/GSTN portal, it is found that Baan Ganga...
- Subsume multiple levies into GST to cut tax burden on mining sector: FicciUnderlining multiple challenges coupled with disruptions due to coronavirus lockdown, Ficci has also sought deferment of royalty and contri...
- Government looking at proposal to include mining royalty as input cost under GSTOnce royalties are considered as input cost, then entities would be able to claim the benefit of input tax credit under the indirect tax re...
- Relax, GST won't impact your power bills next monthTo a query whether the lower GST of 5% on coal would help reduce power tariffs, Goyal said he would meet the forum of regulators on Friday.
- Abolished various cesses via budgets to pave way for GST: GovernmentHowever, seven cesses will continue to be levied under the Goods and Services Tax regime since they pertain to customs or goods which are n...
- GST Bill: Government will again try to convince Opposition, says Venkaiah NaiduThe GST Bill was passed by Lok Sabha in May and is pending ratification by Rajya Sabha where the ruling NDA does not have a majority.
- Budget 2016: Labour ministry to remove four leviesThe labour ministry has identified four of the six cesses levied to promote workers’ welfare it will axe as part of FM's announcement durin...
- Government focussed on development programmes: Piyush Goyal"In the midst of all this uncertainty and negativism, we have a government which is focused on development and which is working 24X7," Goya...
- Protect internet users from DoT's licence fee on broadband servicesDoT is evaluating an 8% licence fee on broadband services, even on those that do not involve the use of spectrum.This is bad tax policy.
- Budget 2013: CII asks government not to raise taxes in the mining sectorBudget should take bold decisions to rejuvenate demand and boost investor confidence.
- CoalMin urges FM not to disturb mode for collecting SEDThe Coal Ministry expects to collect about Rs 1,100 crore per annum from SED and fears that the levy would be subsumed following implementa...
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