Tag: goods and services tax

‘Never Sell Anything You Wouldn’t Buy, Work For Those You Respect, And Work With People You Enjoy’

MarketSeptember 21, 2025

The investment world reveres the late Charlie Munger for his profound wisdom and success principles. His three cardinal rules for career satisfaction and success have been a beacon for many aspiring investors and professionals....

India, US agree not to seek info on source code

EconomySeptember 21, 2025

Selling of products and services by US companies in India is likely to get easier with the two countries renegotiating a trade deal, with focus on facilitating digital trade.The two countries have agreed not to...

GST was long overdue, initial rollout had too many rates, says Jamshyd Godrej

EconomySeptember 9, 2025

Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the...

GST done, advisers bat for land, labour reforms

EconomySeptember 7, 2025

After the big-bang Goods and Services Tax reform, experts batted for increased thrust on process reforms with focus on ease of doing business...

GST reforms to kick in this Navratri: Ashwini Vaishnaw says move will boost economy; daily-use goods, cars, health cover to cost less

BusinessSeptember 6, 2025

The sweeping changes in Goods and Services Tax (GST) rates announced by the government will come into effect from September 22,...

India confident of meeting fiscal deficit target, despite planned tax cuts

EconomyAugust 17, 2025

India is confident of meeting its fiscal deficit target of 4.4% for the current fiscal year, according to a government source with knowledge...

GST 2.0 to offer treatment for other pain points too

EconomyAugust 17, 2025

The proposed goods and services tax (GST) 2.0, hammered out over months of extensive deliberations, will go beyond the mere reduction of rates....

June GST collections 2025: Tax mop-up at Rs 1.85 lakh crore, up 6.2% on YoY

BusinessJuly 1, 2025

NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2%...

GST Council clears “track and trace” mechanism, cigarettes and pan masala likely first targets

EconomyDecember 23, 2024

Cigarettes are expected to be among the first products brought under a "track and trace mechanism" aimed at curbing tax evasion, following amendments...

GST Council meet key decisions: No GST on bank penal charges, clarity on tax rate on popcorn & more – top announcements

BusinessDecember 21, 2024

GST council has sanctioned a rate increase to 18% from 12% for transactions involving the sale of old and used cars. GST...

GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan

EconomyNovember 18, 2024

Union Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council meeting. Key...