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TOY GST
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.- Festive cheer toys, textiles & footwear basking in GST shineSmall businesses are experiencing a welcome boost, with GST rate cuts and the festive season driving demand in sectors like toys, textiles,...
- GST relief to increase savings of Indians, says Home Minister Amit ShahAs Shardiya Navratri commenced, Union Home Minister Amit Shah announced the implementation of Goods and Services Tax (GST) reforms, effecti...
- After cut in GST, CBIC orders price tracking of 54 itemsThe Central Board of Indirect Customs and Taxes will monitor price changes. This follows the Goods and Services Tax rate rationalisation. T...
- FinMin asks CGST field offices to submit comparative MRP change data post Sep 22The finance ministry has directed Central GST officers to track price changes in 54 common items following the GST rate cuts effective Sept...
- GST rate reduction has higher multiple effect on economy, than income tax cut: Ambit CapitalA GST rate cut has a higher multiplier effect than direct tax reductions, potentially boosting India's GDP growth by 20-50bps if benefits r...
- India's toy industry beats China with high tariffs and quality checks – can it go further?India's toy industry is experiencing a resurgence, reducing imports from China and boosting domestic production. However, challenges remain...
- Toy manufacturers to see higher GST liability following AAR rulingWhile electronic toys such as expensive robots and kids’ tablets attracted 18% GST earlier, other toys such as tricycles and bicycles were ...
- UP govt receives 92 applications from domestic toy manufacturersThis comes days after Prime Minister Narendra Modi in his Mann Ki Baat address said India could become a big toy production hub.
- India’s biggest toy manufacturing hub to come in Greater NoidaThe domestic manufacturers have said that following the increase in import duty on toys from China in December 2019, they were eyeing bigge...
- GST centres to help file returnsOfficials said small businesses were depending on chartered accountants to file returns and maintain accounts. But CAs were themselves over...
- Children, parents won’t let toy sales slow downPestering by children and parental guilt has helped the toy industry grow to $1.5 billion in the past few years.
- Deshpande urges PM to slash GST rates, help industries add jobsDeshpande urged the PM to encourage establishing of industries like textiles, toys and those in the services sector that are labour-intensi...
- One year of GST: Should the government consider levying a sugar cessThe objective of a sugar cess can be the centre's way to help the distressed farmers.
- Know what will be cheaper or costlier from tomorrowFrom tomorrow, a number of goods will become cheaper or costlier due to change in taxes. Here's a complete list of the items.
- Higher duty on toys won’t cut reliance on Chinese importsElectric toys attract 18% GST against the earlier 12% value-added tax (VAT) while other toys attract 12% GST versus 5% VAT earlier.
- Prices to rise by 15% after increase in import duty says Shoppers Stop MD Govind ShrikhandeThe GST council on November 10 had revised the tax rates on around 178 items, ranging from chewing gum to beauty products.
- With tougher norms, importing toys no longer a child’s playThe move can choke Chinese imports and boost local manufacture, but the Rs 5,000-cr local industry is worried about orders already booked f...
- Wait and watch is GST buzz on marketplacesPost GST, sellers are finding the going tough with a 20-30% dip across marketplaces while Paytm has delisted 85,000 sellers who failed to m...
- Congress should allow GST passage for accelerating growth: Venkaiah Naidu"Govt's proposal for having extended Monsoon Session is still on. We want to convene the extended session. GST Bill is important for the co...
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