यह कि जीएसटी के अंतर्गत अपीलीय ट्रिब्यूनल ट्रिब्यूनल की स्थापना हो चुकी है ।तथा करदाता और टैक्स प्रोफेशनल ट्रिब्यूनल में अपील फाइल कर रहे हैं। लेकिन कई समस्याएं उत्पन्न हो रही है जिसका कारण जीएसटी अपीलीय ट्रिब्यूनल का पोर्टल सही तरीके से कार्य नहीं कर रहा है ।
Read MoreIn response to a Lok Sabha question, the Ministry of Finance clarified that GST rates on assistive devices for persons with disabilities are determined solely on the recommendations of the GST Council. The Government stated that a wide range of assistive and rehabilitation devices—including wheelchairs, orthopaedic appliances, mobility aids, Braille equipment, cochlear implants, assistive listening devices, and educational aids—currently attract a concessional GST rate of 5%, while hearing aids and their parts are fully exempt (Nil GST).
Read MoreThe 16th Finance Commission has decided how centre’s tax revenues will be distributed among states for the next 5 years. State submissions to the panel show both convergence and divergence.
Read MoreNew Delhi, Feb 4 (PTI) The easing of rare-earth supply is expected to drive electric two-wheeler volume growth in India to 16-18 per cent next fiscal after moderating to 12-13 per cent in the ongoing fiscal due to supply chain constraints, according to Crisil Ratings.
Read MoreSource: https://taxguru.in/goods-and-service-tax/formal-study-gst-cuts-sectoral-impact-government.html
In response to two Lok Sabha questions, the Ministry of Finance clarified the impact and assessment of recent GST rate reductions. The Government stated that no formal, sector-specific study has been conducted to measure the impact of GST cuts on manufacturing, services, MSMEs, or specific sectors such as textiles, automobiles, and hospitality in Maharashtra, nor on employment generation or consumer demand.
Read MoreMarkets are often fixated on the near-term. The budget’s real emphasis lies in conservative fiscal assumptions and long-horizon investments in capacity, skills and institutions. As these initiatives begin to pay off in terms of economic growth, the importance of this budget will become clearer.
Read MoreFor Hyundai investors willing to bet on the brighter outlook, it helps that the 25% correction from the peak price of ₹2,890 on 22 September has made valuation attractive
Read MoreNew Delhi: Ather Energy Ltd reported record revenue in the December quarter and inched closer to profitability even as electric two-wheeler penetration fell in the festive quarter after tax cuts on fossil fuel-powered vehicles.
Read MoreSource: https://www.livemint.com/companies/hyundai-india-profit-auto-market-creta-venue-11770037097364.html
Hyundai Motor India Ltd is looking forward to a steady growth path, as profits rose for the second straight quarter on the back of higher rural sales, growing exports and rising sales of high-margin sports utility vehicles (SUV). The company expects the growth momentum to continue in the March quarter, with its upgraded Venue SUV already securing more than 80,000 bookings.
Read MoreSmokers woke up to sticker shock on Saturday as cigarettes and tobacco products became more expensive following fresh tax changes that came into force on 1 February. The price hike sparked an instant reaction online, with social media flooded with memes, jokes and sarcastic posts capturing public disbelief.
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