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Goods and Services Tax

GST panel unlikely to favour tax rate cut for auto sector

Economy

17 September, 2019

GST panel unlikely to favour tax rate cut for auto sector

India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components ......

Govt cuts GST on electric vehicles to boost sales

Manufacturing

29 July, 2019

Govt cuts GST on electric vehicles to boost sales

India on Saturday slashed taxes on electric vehicles and chargers, as it looks to encourage the use of more environmentally ......

India's services activity contracts in June for first time in a year

General

03 July, 2019

India's services activity contracts in June for first time in a year

India’s dominant services activity contracted for the first time in more than a year in June, dragged down by slowing ......

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Two years of GST: Will Modi govt now expand the tax regime's scope?

Economy

01 July, 2019

Two years of GST: Will Modi govt now expand the tax regime's scope?

India marks the second anniversary of the implementation of the Goods and Services Tax (GST) on Monday, with the government ......

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Company watch: Sula getting back on feet after heady days of liquor and note bans

Consumer

01 April, 2019

Company watch: Sula getting back on feet after heady days of liquor and note bans

Sula Vineyards Pvt. Ltd appears to be showing signs of recovery in its revenue growth and profitability after a tumultous ......

GST Council cuts tax on new home sales ahead of general election

Infrastructure

25 February, 2019

GST Council cuts tax on new home sales ahead of general election

India on Sunday announced a cut in the goods and services tax charged on sales of residential properties under construction ......

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HDFC puts plan for stressed assets fund on the back burner

Finance

21 February, 2019

HDFC puts plan for stressed assets fund on the back burner

Housing Development Finance Corp has put on hold a plan to set up a fund to invest in stressed real ......

Here's why the Modi government is showering sops on SMEs

Economy

11 January, 2019

Here's why the Modi government is showering sops on SMEs

Prime Minister Narendra Modi’s government and other institutions are leaving no stones unturned to woo small businessmen. On 2 January, the ......

Govt doubles GST exemption limit for small businesses

Economy

10 January, 2019

Govt doubles GST exemption limit for small businesses

The government announced a change in the Goods and Services Tax (GST) rules on Thursday that would exempt an additional ......

GST to move towards a single rate, says finance minister Arun Jaitley

Economy

24 December, 2018

GST to move towards a single rate, says finance minister Arun Jaitley

India is working towards a single national sales tax rate which could be a mid-point between 12 and 18 percent, ......