New Delhi, Sep 4 (IANS) The GST Council has finally settled the long-running debate over how popcorn should be taxed in India as under the new GST 2.0 regime, popcorn mixed with salt and spices will attract 5 per cent GST, whether it is sold loose or in pre-packaged and labelled form.
New Delhi, Sep 4 (IANS) The Goods and Services Tax (GST) Council, in its 56th meeting chaired by Union Finance Minister Nirmala Sitharaman on September 4, approved a cut from 18 per cent to five on major agricultural inputs like tractors, machinery, fertilisers, and irrigation equipment.
New Delhi, Sep 4 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Thursday urged India Inc. to pass on to consumers the benefit of the GST rate cut that has been announced across several categories of goods in order to boost demand and spur growth in the economy.
New Delhi, Sep 4 (IANS) The government's decision to revamp the Goods and Services Tax (GST) structure with three slabs of 5 per cent, 18 per cent and 40 per cent will turn out to be a big benefit for automobile industry and customers as the prices across the segment would go down up to 8.5 per cent, a report said on Thursday.
Amaravati, Sep 4 (IANS) Andhra Pradesh Health Minister Y. Satya Kumar Yadav on Thursday reviewed the situation in Turakapalem village in Guntur district, where a series of unexplained deaths during the last couple of months have triggered panic.
New Delhi, Sep 4 (IANS) Union Minister Jitan Ram Manjhi on Thursday lauded Prime Minister Narendra Modi’s development road map, calling the recent Cabinet decisions on Micro, Small and Medium Enterprises (MSMEs) and Goods and Services Tax (GST) “milestones” towards building a 'Viksit Bharat' by 2047.
Haridwar, Sep 4 (IANS) Yoga guru Baba Ramdev on Thursday welcomed the GST reforms, saying that the wide-ranging tax cuts mark a major stride towards realising the vision of 'Viksit Bharat'.
New Delhi, Sep 4 (IANS) The GST tax rate cuts can further lower inflation if companies pass on all benefits to the consumers, allowing the Reserve Bank of India (RBI) to cut repo rate once again by 25 bp in the fourth quarter this year, a report said on Thursday.
New Delhi, Sep 4 (IANS) Stressing that partnership between India and Singapore is rooted in shared values, mutual respect and deep reservoir of trust, Singapore Prime Minister Lawrence Wong on Thursday said that the partnership between two nations is more important in a world marked by great uncertainty and turbulence.
New Delhi, Sep 4 (IANS) Backed by the government's Design Linked Incentive (DLI) Scheme, domestic chip design and IPR are accelerating across critical sectors, from surveillance and energy metering to networking and motor control, the Ministry of Electronics and IT said on Thursday.
