Tag: job creation

Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twist

EconomyDecember 21, 2024

The GST Council, led by Finance Minister Nirmala Sitharaman, has clarified the tax treatment of popcorn. It has been decided that pre-packed and labelled ready-to-eat popcorn will attract a 12% GST, while caramelised popcorn (mixed...

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 Council Meeting Highlights: The 55th GST council meeting, chaired by Finance Minister...