Tag: GST

I’m Not Counting on Social Security COLAs to Carry Me Through Retirement. Here’s What I’m Doing to Combat Inflation Instead.

Market
It's official: Social Security's cost-of-living adjustment (COLA) for 2025 has been announced. Come January, current beneficiaries will be receiving 2.5% more than they're getting now, mirroring 2024's...

GST collection rises to Rs 1.28 cr in November

Economy
The GST collection rose 8.5 per cent to Rs 1.82 lakh crore in November, government revealed on Sunday. In October, Gross GST collection in October rose 9 per cent to over Rs 1.87 lakh crore,...

New senior citizens policy in the works after 25 years

Economy
New Delhi: Amit Yadav, secretary, ministry of social justice & empowerment, has said the government is drafting its first new senior citizens policy...

Businesses with turnover over Rs 10 cr cannot report e-invoices older than 30 days from April 1, 2025

Economy
New Delhi: From April 1, 2025 onwards, businesses with Aggregate Annual Turnover (AATO) greater than Rs 10 crore will not be allowed to...

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

Economy
NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...

India collects $22.25 bln in goods and services tax in October

Economy
India collected 1.87 trillion rupees ($22.25 billion) in goods and services tax in October, 9% higher than the same period last year, the...

Budget home threshold may be hiked to Rs 55 lakh

Economy
New Delhi: The group of ministers (GoM) tasked by the Goods and Services Tax Council to look into application of GST for real...

Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab

Economy
New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved...

Softy ice-cream mix attracts higher GST: It’s mainly sugar not milk holds GST-AAR

Business
MUMBAI: Is a softy ice-cream mix made of milk or sugar? According to a recent ruling given by the GST Authority...

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