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NAMKEEN GST
Food companies upbeat, expect consumer choice to shift to branded productsPackaged food companies anticipate a significant shift from unbranded to branded products. This change is expected in categories like panee...- Amazon India’s Great Indian Festival sale to start from September 23Amazon India will launch its Great Indian Festival sale on September 23. The sale starts after new GST rates take effect. Prime members get...
- 'Holding phone in right hand will attract 18% GST': Insta prank on GST goes viral, watch videoFollowing an announcement about an increase in GST on caramel popcorn, the Finance Minister clarified caramelised popcorn is taxed higher d...
- Popcorn, in loose form, sold in movie theatres to attract 5% GSTPopcorn sold in loose form in movie theatres will continue to attract a GST rate of 5 per cent. If popcorn is sold together with a movie ti...
- Popcorn casteism is alive and poppingThe GST Council has decided to maintain the existing tax rates on popcorn, but clarified its classification for taxation purposes. Ready-to...
- Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twistThe GST Council clarified the tax rates for popcorn. Ready-to-eat popcorn with salt and spices will be taxed at 5% if loose and 12% if pre-...
- 'Small bizmen don't deserve humiliation': Rahul attacks Modi govt over Annapoorna eatery owner's 'apology' to SitharamanThe owner of a small business in Coimbatore requests a simplified GST regime but faces disrespect from public servants. In contrast, billio...
- GST Council spices things up: Here's what got cheaper overnight in IndiaGST Council Meeting decisions: The GST Council's meeting on Monday announced significant tax cuts to make essential goods and services more...
- Namkeens to get cheaper as Centre announces GST cutsAt the 54th GST Council meeting on Monday, the Centre decided to cut down on the cost of namkeen and savoury products, announced Finance Mi...
- GST Council Meeting Key Takeaways: From medical insurance premium to rate rationalisation, here's what Sitharaman & Co decided54th Gst Council Meeting Key Takeaways: The 54th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is taking place in Ne...
- SBI Life, HDFC Life shares trade 3% lower as GST cut on insurance premiums postponedSBI Life shares dropped by 3.3%, reaching Rs 1,839.50, while HDFC Life experienced a 3% decline to Rs 714.20. Star Health and Allied Insura...
- Astrazeneca, Natco Pharma shares rally 4% after GST cut on cancer drugsIn reaction to the update, pharma stocks like Astrazeneca Pharma surged 4.4% to its day’s high of Rs 7,069 on BSE while Fortis Healthcare s...
- Industry leaders welcome GST Council's decision on rate cutsThe GST Council's 54th meeting announced significant rate cuts and policy adjustments, including GST exemptions for foreign airlines' impor...
- Bikaji Foods, Gopal Snacks, Prataap Snacks shares surge up to 8.5% after GST cuts on namkeenShares of Gopal Snacks rose 8.5% to Rs 354 while those of Prataap Snacks surged by 8% to 877. Meanwhile Bikaji Foods International shares w...
- Plan afoot to reclassify items for GST clarity in FMCG sectorThe Central Board of Indirect Taxes and Customs (CBIC) is planning to prepare a list of products that end up in litigation due to classific...
- GST helped you save Rs 320 per month: AnalysisGST not just made India one market, it also did away with tax-on-tax prevalent in the previous system.
- We have changed our strategy, expect recovery in Q4: Amit Kumat, Prataap Snacks“Because of DeMo and GST, the wholesale market has grown really slow and is yet to recover.”
- Can Indore’s leading food companies make it the snack hub of the country?The city has a centuries-old tradition of food. More than its historical landmarks, it is known for the Ratlami sev, garadu chat and poha t...
- 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...
- GST Council flooded with requests to slash tax ratesIndia moved to a GST regime on July 1 after the Council fixed over 1,200 products in four tax slabs of 5, 12, 18 and 28 per cent.
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