Search For "18 per cent"
GST reform, a transformative step towards Aatm Nirbharta: Ministry of Coal
Updated : 8 months ago IST
Key decisions of the 56th GST Council Meeting on coal include: removal of the Rs. 400 per tonne GST compensation cess previously levied on coal, and an increase in GST rate on coal from 5 per cent to 18 per cent.
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"Very revolutionary decision": Shivraj Singh Chouhan welcomes Centre's new
Updated : 8 months ago IST
Union Agriculture Minister Shivraj Singh Chouhan on Thursday welcomed the government's decision to reduce the Goods and Services Tax (GST) on agricultural equipment from 12-18 per cent to five per cent, describing it as a "very revolutionary decision" for farmers, animal rearers, and fisher
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Mahindra offers reduced GST benefits on ICE SUVs starting today
Updated : 8 months ago IST
According to the automaker, ICE (Internal Combustion Engine) models like the XUV3XO (Diesel) see the most substantial savings, with a benefit of up to Rs 1.56 lakh, as the GST rate drops from 31 per cent to 18 per cent.
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"Historic decision...": Union Minister Sukanta Majumdar welcomes GST Refor
Updated : 8 months ago IST
The Union Minister said that the government's move to eliminate the 18 per cent GST slab and bring relief on essential items marked a major step towards easing the financial burden on the middle class and the poor.
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GST cut on cement will bring brighter prospects for industry: Nuvama
Updated : 8 months ago IST
The reduction in GST on cement from 28 per cent to 18 per cent is expected to be a game-changer for the sector, according to a sector report by Nuvama Institutional Equities.
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'Decision not just for Bihar, but for whole country': MoS Finance Pankaj C
Updated : 8 months ago IST
Union Minister of State (MoS) for Finance, Pankaj Chaudhary, took a jibe at the Opposition and said that the move to rationalise GST rates to two slabs of 5 per cent and 18 per cent has not been brought for the Bihar Assembly polls.
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"What Rahul Gandhi says is right, the govt takes time to accept his sugges
Updated : 8 months ago IST
The 56th GST council meeting decided to rationalise GST rates to two slabs of 5 per cent and 18 per cent by merging the 12 per cent and 28 per cent rates.
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Lower GST rate to benefit auto sector, boost domestic sales: Crisil
Updated : 8 months ago IST
Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.
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"Significant and substantial step": BJP leader Dilip Ghosh hails GST refor
Updated : 8 months ago IST
The 56th GST council meeting decided to rationalise GST rates to two slabs of 5 per cent and 18 per cent by merging the 12 per cent and 28 per cent rates.
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"Phenomenal milestone": Industry associations welcome Next-gen GST reforms
Updated : 8 months ago IST
Several industry associations have welcomed the Centre's move to rationalise GST rates to two slabs of 5 per cent and 18 per cent.
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Next-gen GST reforms: Purchasing cars, bikes, tractors gets cheaper
Updated : 8 months ago IST
In the automobile segment, GST on petrol and petrol-hybrid cars, as well as LPG and CNG variants not exceeding 1200 cc engine capacity and 4000 mm length, has been reduced from 28 per cent to 18 per cent.
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Reduce GST on LPG hose pipes to five per cent, demands All India LPG Distr
Updated : 8 months ago IST
"Poor people, unaware of the quality of the product, buy the cheaper product from the market. Beneficiaries of the Ujjwala scheme need protective hoses the most, but they will be able to afford them only if the price is lower. Because of the 18 per cent GST on it, the price increases signifi
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