- 23 Dec 2024 06:02 PM
- New
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
- New
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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- 21 Dec 2024 06:32 PM
- New
Economy News Today Live Updates on December 21, 2024: GST Council Meeting Highlights: Nirmala Sitharaman defers decision on insurance tax, sweet popcorn to attract 18% tax
Economy News Today Live Updates on December 21, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.
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- 21 Dec 2024 06:41 PM
GST Council 55th Meeting in Jaisalmer: FM Nirmala Sitharaman to discuss potential revisions in insurance, aviation taxes
The inclusion of ATF under GST, if approved, could bring uniformity in taxation across states and allow airlines to claim input tax credit (ITC) on fuel purchases—addressing a long-standing demand from the aviation sector.
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- 21 Dec 2024 06:45 PM
GST Council defers decision on lowering tax on health, life insurance premiums
GST Council's move enables state finance ministers and officials from the central and state governments to deliberate on these further.
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- 20 Dec 2024 06:34 PM
GST rate overhaul to face tough review amid tepid urban demand and inflation worries
Source: https://www.livemint.com/economy/gst-council-urban-demand-retail-inflation-11734688691730.html
JAISALMER : Inflation and consumer appetite for purchases are two considerations that are expected to weigh on the Goods and Services Tax Council when it examines a ministerial group's recommendations for further hikes in the indirect tax, threepersons informed about the development said.
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- 20 Dec 2024 06:21 PM
City gas distribution stocks climb the wall of worry
State-owned city gas distribution (CGD) firms are bracing for a decline in earnings in the December quarter (Q3FY25). Blame the recent 36% average supply cut in cheaper natural gas allocated by the government. However, the rebound in CGD stocks suggests that investors are overlooking the immediate earnings hit, betting instead on the anticipated inclusion of natural gas under the Goods and Services Tax (GST).
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- 20 Dec 2024 06:29 PM
Economy News Today Live Updates on December 20, 2024: GST rate overhaul to face tough review amid tepid urban demand and inflation worries
Economy News Today Live Updates on December 20, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.
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- 18 Dec 2024 06:09 PM
Proposal to impose 35% GST on ’sin goods’ not a good idea: SJM
New Delhi, Dec 18 (PTI) Swadeshi Jagran Manch (SJM) has dubbed the proposal to introduce 35 per cent GST on "sin goods" like aerated beverages and tobacco products as a "bad idea" as it would lead to smuggling and loss of revenue for the country.
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- 17 Dec 2024 06:30 PM
French auto parts supplier Valeo bets on India EV transition even as demand cools
New Delhi: Growing adoption of electric vehicles (EVs) in India is unlocking opportunities for the Indian arm of French auto parts supplier Valeo to increase revenue per vehicle, according to a top company executive, even if sales have temporarily slowed for one of its top customers in India.
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