- 07 Sep 2024 05:46 PM
- New
Foreign airlines, IT services, pvt R&D on GST Council agenda
On Monday, the Goods and Services Tax (GST) Council will take up the issue of taxing services related to foreign airlines in India, relief for certain helicopter services, work related to software exporters such as Infosys Ltd, and core research by private enterprises.
Read More
- 06 Sep 2024 06:45 PM
- New
Electric vehicles don’t need subsidies now, says transport minister Nitin Gadkari
Nitin Gadkari pointed to falling battery costs and low GST as reasons subsidies on EVs are no longer needed, with price parity expected in two years.
Despite government efforts, only 5.28% of two-wheelers and 1.99% of four-wheelers sold since 2018 are electric.
- 06 Sep 2024 06:49 PM
- New
Parking at Delhi airport costs ₹5,770; then, owner finds the car damaged: Man describes ’worst experience’
Deepak Gosain was handed a staggering bill of ₹5,770 for parking his car at the Delhi's IGI Airport, which comprised of ₹4,889.83 in parking fees and ₹880.17 in GST.
Read More
- 06 Sep 2024 06:47 PM
The week in charts: GDP forecast, Adani shopping list, ₹250-SIP
Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The World Bank upgraded its FY25 GDP forecast for India and Adani group is looking to acquire multiple FMCG businesses. Meanwhile, GST on health and life insurance premia could be discussed at the GST council meeting on Monday.
Read More
- 05 Sep 2024 06:17 PM
GST Council meeting: Big relief may be coming for policyholders. Details here
GST Council meeting: Planning to buy insurance? Hold on! Major relief may be coming for policyholders. Details here
The 54th GST Council meeting on September 9, 2024, may address removing the 18 percent GST on term life insurance premiums, a demand from various stakeholders aiming to reduce costs for consumers and promote insurance uptake in India.
- 04 Sep 2024 06:10 PM
GSTN to roll out invoice management system from October 1; details here
In an advisory to Goods and Services Tax (GST) payers, GSTN said to enable taxpayers to efficiently address invoice corrections/amendments with their suppliers through the portal, a new communication process called the IMS is being launched.
Read More
- 03 Sep 2024 05:35 PM
Why GST Council cannot ignore the health insurance row next week
When the Goods and Services Tax (GST) Council convenes for its 54th meeting on Monday, one agenda item likely to resurface is the tax slab on health and life insurance. While the Council has previously discussed this issue, it has gained renewed attention recently. The Opposition has intensified its demands, and a senior minister, Nitin Gadkari, highlighted the issue in a letter to the finance minister in July.
Read More
- 02 Sep 2024 06:30 PM
Economy News Today highlights on September 1, 2024: GST collections increase by 10% to reach ₹1.75 lakh crore in August
Economy News Today highlights on : Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and willing to understand the intricacies and details of their impact on our daily lives. Catch real-time updates here.
Read More
- 02 Sep 2024 06:47 PM
Nitin Gadkari wants states to push for GST cut on flex-engine vehicles —‘MDs of Tata, Suzuki & Toyota have decided to…’
Gadkari says the central government needs the support of the states to promote flex-engine vehicles by reducing GST up to 12 per cent on flex engines, cars, and scooters.
Read More
- 02 Sep 2024 06:39 PM
Top news: Market cap of top 8 firms surges, GST collections, Andhra Rains
IPO flurry set to continue with 6 new public issues, 11 listings scheduled for next week; check full list here
In the mainboard segment, the Gala Precision Engineering IPO will open for subscription on September 2. Meanwhile, the Baazar Style Retail IPO, which is currently ongoing, will close on September 3.