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POPCORN TAX CATEGORIES
GST 2.0 to unleash consumption, cushion India's economy from US tariff headwinds: India IncIndustry leaders believe that GST rate rationalization will boost India's economic growth. They expect increased consumption and a cushion ...- Make GST payments only by e-rupee, tokenisation can achieve total transparencyTo enhance the Goods and Services Tax (GST) system, the GST Council should mandate e-rupee use for payments to curb input tax credit fraud ...
- PM Modi's tax overhaul may strain finances but boost image amid US trade tensionsNarendra Modi's government announced tax cuts to boost the economy. The goods and services tax regime will change in October. Daily essenti...
- Explained: Government's GST revamp and how it will make goods cheaper in India?Prime Minister Narendra Modi has proposed a significant GST reform to reduce consumption levies on everyday goods and small cars, potential...
- GST's identity crisis: One nation, multiple headachesEight years since the introduction of GST, complex structures, clogged tribunals, and compliance burdens are chipping away at the ‘One Nati...
- ET Explainer: Taxing times for popcorn & used carsThe GST Council clarified the tax rates on ready-to-eat, pre-packaged, and caramelised popcorn at 5%, 12%, and 18% respectively. It also re...
- Ghosts of Christmas past? GoI’s repeated actions seem bent on violating a basic tenet of taxation: simplicityThe nuances of direct and indirect taxes, their impact on consumers, and the complexity of GST rates are discussed in this article. It argu...
- Banks to lead market recovery in 2025; ICICI, Axis and HDFC among top picks: Sandip SabharwalIn the Indian context, we have had a growth slowdown due to various reasons, tight liquidity followed by various restrictions by the RBI on...
- 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-...
- India considers exempting gift vouchers from GST; Council to discuss key issuesThe GST Council is contemplating exempting gift vouchers from GST and reducing tax rates on insurance premiums. They are also considering a...
- Gift vouchers won't attract GST, clarifies CouncilThe GST Council declared that voucher transactions will not be subject to GST, providing relief to retailers. This decision clarifies that ...
- GST Council meeting begins: Tax rate on electric cars, food delivery apps and flavoured popcorn on cardsThe 55th GST Council meeting in Jaisalmer deliberated on tax relief for insurance, increasing the tax rate on used EVs to 18%, clarifying t...
- PepsiCo vows to cut soda sugar levels by 25% in EU by 2025As part of its push, the company aims to reformulate products using low-calorie sweeteners, launch healthy snacks like its popcorn line Pop...
- Munch on it: GST ruling puts popcorn in 18% tax bracketThe AAR held that JJ’s Popcorn fitted the description of ‘Prepared foods obtained by the roasting of cereal’.
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