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UNIFORM GST RATE
Cut GST on smartphones below Rs 25,000 to 5%: GT Bharat-PWIF reportA new whitepaper suggests a significant GST reduction on smartphones under Rs 25,000 to 5%, while retaining 18% for pricier models. This mo...
GST wins India Inc's vote, but businesses seek faster refunds and smarter reforms: DeloitteIndia's GST regime has achieved widespread acceptance, with digitisation and rate adjustments hailed as major successes. Businesses now pri...
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocksIndia’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage i...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
NSE EGR trading starts today. Should gold investors buy metal in its newest form?The National Stock Exchange has launched Electronic Gold Receipts (EGRs), allowing investors to own gold electronically, backed by physical...
Petrol, Diesel prices hiked again as brent crude rises above $110 barrel? Check fuel rates in Delhi, Mumbai, Chennai and other cities todayPetrol, Diesel prices today: Petrol and diesel prices remained steady on Monday after a recent Rs 3 per litre hike, with further increases ...
Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expertsPetrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising...
Digital platforms, autos, and a shifting consumption story: Ashi Anand maps the market’s next phaseIndia's equity markets are seeing a leadership shift, with digital platforms and select auto segments driving growth. Ashi Anand of IME Cap...
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...
'Nil' GST rate on notebooks causes anxiety to manufacturers!Notebook manufacturers are appealing to the GST Council to move notebooks from the 'nil' GST rate to the 5% bracket. They argue that the in...
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...
GST Council, look beyond housekeepin'The GST Council is working on tweaking tax rates and addressing exemptions, with a focus on insurance policy premiums. They aim to balance ...
GST Council Meeting: Railway Platform tickets exempted from GST, biometric authentication push & other key decisionsAt its 53rd meeting in New Delhi, the GST Council decided to implement nationwide biometric authentication to combat fake invoicing. Financ...
Uniform 12% GST rate for MMF textiles to reduce compliance burden: Govt“This will help the MMF segment grow and emerge as a big job provider in the country,” the textiles ministry said in a statement, adding th...
GoM favours uniform tax on lottery, GST Council to decide rate on February 20Currently, a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax.
GST in its present form is not perfect, but nevertheless profoundly goodIn some ways, the implementation of GST has the potential to be as transformative for India's economy as the Interstate Commerce Act was fo...
Uniform GST rate likely for textile industry: Smriti Irani"The budgetary allocation for the power sector had gone up from Rs.52 crore in 2015-16 to Rs.110 crore in 2016-'17 and Rs.166 crore this fi...
Telcos seek uniform GST rate across India, cap at 15 per centA higher GST rate, they said, would drive up cost of provisioning services, and in turn, hurt both prepaid and postpaid consumers by way of...
Budget 2012: Mobile handset makers want uniform GST rateConcerned over different VAT rates on mobiles in different states, device manufacturers have demanded a uniform GST rate on handsets in Bud...