By Pervez Bari The Rs.1.7 lakh crore economic packages announced by Finance Minister Nirmala Sitharaman for the vulnerable sections is a welcome step but it is inadequate in quantity and is short of expectations. It works out to 0.8% of ...
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Feed SubscriptionGST rate cut to spur Bengaluru realty market growth: Credai
Bengaluru : The realty market in India’s tech hub is set to grow as lower Goods and Services Tax (GST) rates become effective from April 1, builders’ apex body Credai said on Thursday. “GST rate cut to 5 per cent ...
Read More »GST collections slip to Rs 94,726 crore in December
New Delhi : Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from Rs 97,637 crore collected in November despite a rise in the number of tax returns ...
Read More »GST may have single standard rate between 12-18%: Jaitley
New Delhi : Finance Minister Arun Jaitley on Monday hinted that the country may eventually have a single standard rate of GST adding that the 28 per cent slab will soon be phased out, except on luxury and “sin goods”. ...
Read More »Six items taken out of the 28% GST tax bracket: Jaitley
New Delhi : Finance Minister Arun Jaitley on Saturday said that six items have been removed from the 28 per cent tax bracket under the Goods and Services Tax (GST) regime. There were 34 items in the 28 per cent ...
Read More »GST has hit the private security industry badly
By Vikram Singh, The implementation of the Goods and Services Tax (GST) has received much appreciation from various industries, but there are sectors that have been terribly impacted after the introduction of the new tax regime. Private security is among ...
Read More »Rahul has to choose his words with care
By Amulya Ganguli, Rahul Gandhi has had another of his escape-velocity-of-Jupiter moments. His reference to the massive gravitational force of the solar system’s largest planet was in the context of “explaining” how much velocity was required by a spacecraft to ...
Read More »Realty sector needs more reforms to realise full potential
By Vinod Behl, Landmark reforms like RERA and GST, as also demonetisation, have brought about much-needed transparency in transactions, helping the real estate sector to free itself of fraud, malpractices and other problems faced by consumers and investors. Yet, the ...
Read More »Q1 earnings, GST cuts lift equity indices to fresh benchmarks (Market Review)
By Rituraj Baruah, Mumbai : With healthy quarterly earnings, tax-rate cuts on over 50 consumer items, domestic investor sentiments firmed up in the week ended Friday making the equity indices set new records and benchmarks every other day. On Friday, ...
Read More »Will pass full benefits of GST rate cut to consumers, say tech companies
New Delhi : Welcoming the government’s decision to slash Goods and Services Tax (GST) rates on over 50 items including refrigerators, washing machines and small televisions, several consumer electronics companies, including Samsung, have promised that they will pass on the ...
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