Search For "rationalisation"
On 8th year of GST, Industry wants tax rationalisation and clarity on taxe
Updated : 8 months, 2 weeks ago IST
As India's Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward.
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Delhi Jal Board survey reveals unequal water supply across Capital; Minist
Updated : 10 months ago IST
The Delhi Jal Board's survey of water supply across 70 constituencies has revealed significant disparities. Minister Parvesh Verma has ordered rationalisation of water distribution to address shortages in certain areas and meet growing demands.
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Govt fulfilled decades-long demand for SC categorisation: Telangana Minist
Updated : 12 months ago IST
Telangana Minister for Irrigation and Civil Supplies Capt N Uttam Kumar Reddy termed the passage of the SC (Rationalisation of Reservations) Bill 2025 in the Telangana Legislative Assembly on Tuesday as a landmark decision.
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FM Nirmala Sitharaman lauds CBIC for duty rationalisation exercise
Updated : 1 year ago IST
Speaking at International Customs Day 2025, finance minister Sitharaman said the CBIC team has been working very hard to rationalize the customs duties for the last two years.
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Union Budget: Infra sector calls for raised capex, sops for green projects
Updated : 1 year, 1 month ago IST
The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.
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Rationalisation of royalty rates and auction of critical minerals blocks a
Updated : 1 year, 2 months ago IST
The Centre has brought amendments to rationalise the royalty rates and successfully auctioned 24 critical mineral blocks in four tranches, an effort to drive the economic growth, the Ministry of Mines stated in its year-end review-2024.
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GST Council postpones major decisions, key issues left for further deliber
Updated : 1 year, 2 months ago IST
No major decisions were made during the 55th meeting of the Goods and Services Tax (GST) Council, held in Jaisalmer. The Council postponed key decisions on issues such as rate rationalisation and the determination of tax rates on insurance premiums.
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RBI flags rising subsidies by states as incipient stress
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday termed increasing spending by states on subsidies as an "incipient stress" and called for rationalisation of such outgoes.
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Rate rationalization on insurance part of agenda for next GST Council meet
Updated : 1 year, 2 months ago IST
The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.
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Oil Marketing Companies increase dealer margins, introduce freight rationa
Updated : 1 year, 4 months ago IST
In a significant decision coinciding with the festival of Dhanteras, the Oil Marketing Companies (OMCs) on Tuesday announced an increase the Dealer Commission payable to petrol pump dealers.
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EV Industry seeks incentives, funds for infrastructure, tax rationalisatio
Updated : 1 year, 8 months ago IST
As Finance Minister Nirmala Sitharaman gears up for the Union Budget 2024-25, the Electric Vehicles sector (EVs) looks optimistic about announcements for the growth of the industry.
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US-India Tax Forum seeks tax parity, duty relaxation on exports to India
Updated : 1 year, 8 months ago IST
The US-India Tax Forum has submitted its recommendations on tax amendments for the Union Budget 2024-25, to be presented by the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on July 23. The Tax Forum said it was recently invited to present industry recommendations on
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