- 25 Dec 2024 05:58 PM
- New
GST on selling old cars: How does 18% tax on used vehicles affect you? Explained
The 18 per cent GST would not be applicable if an individual sells old and used car to another individual. If a GST registered person has claimed depreciation, the tax is payable only on the value representing the margin.
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- 25 Dec 2024 06:13 PM
- New
GST on popcorn decoded: How much tax will you pay for the snack in movie theatres?
GST on popcorn: Amid frequent discussions around tax treatment on different products of popcorn, here is a detailed analysis of how much tax you will have to pay while purchasing the item in movie theatres.
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- 24 Dec 2024 06:11 PM
- New
Viral video: Instagram influencer’s humorous take on GST hike leaves netizens in splits
In a witty take on India's revised GST slabs, Instagram influencer Radha mocks the tax system with humor and satire. Her viral video, portraying Finance Minister Nirmala Sitharaman, highlights the absurdity of potential taxes, leaving viewers amused and questioning the limits of taxation.
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- 24 Dec 2024 06:03 PM
Tax burden on corporate sponsorships eased
The Council’s decision to shift the onus of remitting tax on sponsorship deals from the donor is set to enable the latter to lower its overall tax liability
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- 24 Dec 2024 06:07 PM
RBL Shoprite Credit Card: Exclusive discounts, cashback, and reward points explained
The RBL Shoprite credit card, designed for avid shoppers, offers discounts, cashback on fuel, and a welcome bonus. With an annual fee of Rs. 500 plus GST, users can waive this by spending over Rs. 1.5 lakh annually, making it ideal for saving on daily essentials.
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- 24 Dec 2024 05:59 PM
How to tax popcorn? India’s formula sparks outrage against GST system
INDIA-ECONOMY-TAX-POPCORN:How to tax popcorn? India's formula sparks outrage against GST system
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- 24 Dec 2024 05:56 PM
Taxing times: Used cars platforms headed for a bumpy ride on GST hike
The Goods and Services Tax Council on Saturday decided to increase taxes on the margins of the supplier on sale of small used cars, including EVs, from 12% to 18%.
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- 23 Dec 2024 06:15 PM
Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, US inflation to GST Council meet
Indian stock market: Gift Nifty was trading around 23,790 level, a premium of nearly 165 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.
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- 23 Dec 2024 06:02 PM
GST Council decisions likely to impact market; auto, insurance stocks to be in focus today, December 23
Union Finance Minister Nirmala Sitharaman announced a GST rate hike for second-hand automobiles, including electric vehicles, and deferred the decision on rate cuts on insurance premiums. As the stock market opens on Monday, December 23, insurance and auto stocks will remain in focus.
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- 23 Dec 2024 06:07 PM
Mint Quick Edit | Don’t over-roast popcorn with GST
Three different tax rates on popcorn grabbed public attention after Saturday’s GST Council meeting. Why is an indirect tax trying to do what direct taxation is meant for?
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