Electric vehicle (EV) manufacturers may face a competitive setback if the government proceeds with a proposed reduction in Goods and Services Tax (GST) on internal combustion engine (ICE) vehicles, according to a recent report by HSBC Investment Research.
Punjab Finance Minister and senior AAP leader Harpal Singh Cheema said the state has suffered a loss of over Rs 1.11 lakh crore since the implementation of the Goods and Services Tax (GST), with the Centre releasing only Rs 60,000 crore so far, while more than Rs 50,000 crore remains pending
The Indian stock market on Thursday ended higher on the sixth consecutive session as investors' sentiments are optimistic due to the possible Goods and Services Tax (GST) rate cut.
Bihar Deputy Chief Minister Samrat Choudhary on Thursday said that the Group of Ministers (GoM) has extended its support to the Centre's proposals to eliminate the 12 per cent and 28 per cent slabs under the Goods and Services Tax (GST) structure.
Finance Minister Nirmala Sitharaman on Wednesday addressed the Group of Ministers (GoMs) constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation at Vigyan Bhawan.
Over the past five sessions, the Sensex has advanced around 2.3 per cent and the Nifty about 2 per cent, lifted by optimism around proposed Goods and Services Tax (GST) reforms. Experts note that strong domestic inflows and stable global cues have further strengthened investor confidence.
Seeking to cut red tape and speed up expansion plans, top leaders from the retail and FMCG sectors on Tuesday urged the government to simplify compliance processes through a common portal, rationalise GST rates, and streamline licensing norms.
The report estimated that the GST 2.0 regime, while involving an average revenue loss of Rs 85,000 crore, has resulted in a substantial consumption boost of Rs 1.98 lakh crore.
A bill to promote and regulate the online gaming sector including e-sports, educational games and social gaming and to provide for the appointment of an Authority for coordinated policy support, strategic development and regulatory oversight of the sector is slated to be introduced in Lok
Indian stock markets ended on a positive note, extending their upward momentum as the market participants reacted positively to the upcoming GST reforms and developments in the Russia-Ukraine peace talks.
The proposed Goods and Services Tax (GST) reforms are set to significantly impact various sectors by reducing tax rates, enhancing affordability, and boosting consumption, said a report by Systematix Research.
Chennai (Tamil Nadu) [India], August 19: Sathlokhar Synergys E&C Global Limited (NSE: SSEGL), Sathlokhar Synergys E&C Global Limited, one of Chennai's leading EPC players specialising in integrated infrastructure solutions, has announced the receipt of four new project orders with