Search For "tax rate"
Auto sector to see demand recovery over next 2-3 years: Report
Updated : 6 months, 1 week ago IST
The domestic auto sector may witness a demand cycle recovery over the next two to three years, supported by strong macroeconomic stimulus measures such as the upcoming Pay Commission salary revision, income-tax rate reduction, and interest rate cuts, highlighted a report by Incred Research.
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"Country was looted for 8 years by imposing wrong GST": Congress' Bhupesh
Updated : 8 months ago IST
"For 8 years, the country was looted by imposing wrong GST. Businesses were wiped out and the common people's income was limited. They kept on saying 'One Nation One Tax' but imposed five slabs. Businesses were wiped out and the common people's income was limited, and now 8 years later they
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"GST reforms could not be implemented since people did not trust them": Un
Updated : 8 months ago IST
While speaking to ANI after the reforms came into effect, the Union Minister also highlighted that the Bharatiya Janata Party (BJP) had worked to ensure public trust in the new system.
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Boehringer Ingelheim India Welcomes GST Council's Tax Reforms for the Heal
Updated : 8 months ago IST
Mumbai (Maharashtra) [India], September 19: Boehringer Ingelheim India commends the recent measures announced by the GST Council aimed at reducing tax rates on medicines and life-saving drugs used for treatment of severe chronic diseases, cancer, rare diseases, medical apparatus, devices, di
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Delhi HC upholds property tax on star hotels, dismisses pleas on arbitrari
Updated : 8 months ago IST
The petitioners, including several hotel associations, had challenged the levy of a uniform Use Factor (UF-10) and the maximum 20 per cent tax rate, arguing that the classification of hotels on the basis of voluntary star ratings lacked statutory backing and unfairly burdened establishments
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GRB Dairy Foods Welcomes GST Reform
Updated : 8 months ago IST
Bengaluru (Karnataka) [India], September 6: GRB Dairy Foods, one of India's most trusted names in dairy and traditional food products, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The company views this reform as a pivotal move to
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USIBC lauds India's GST reforms, calls it a boost for business and investm
Updated : 8 months ago IST
In a statement, USIBC praised the rationalisation of GST slabs and reduction in tax rates across key sectors, including food, healthcare, life-saving drugs, renewable energy, and electronics.
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GST on Cement Slashed to 18 percent; Marks a Win-Win for Real Estate Devel
Updated : 8 months ago IST
Delhi NCR [India], September 5: The GST Council has rationalised tax rates into a simplified two-slab structure of 5% and 18%. Among the most impactful changes is the reduction of GST on cement from 28% to 18%, a move expected to significantly lower project costs and drive growth in real es
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Construction cost for real estate sector to decline by 3.5-4.5% because of
Updated : 8 months ago IST
Rationalisation of tax rates on construction material is expected to cut the construction cost for the real estate sector by 3.5 to 4.5 per cent, according to a report by Crisil Intelligence. The government has announced to cut GST rates on cement, marble, granite, sand, bricks, etc substant
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IPL tickets to be more expensive as Tax rates increase up to 40%
Updated : 8 months ago IST
The final ticket prize for an IPL match, which has a base prize of Rs 1,000, will now be upto Rs 1,280-1,400, as per ESPNCricinfo. This raise puts the IPL in India's highest GST bracket, alongside casinos, race clubs, or any place featuring casinos or race clubs.
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Auto sector welcomes GST rate cut, urges Centre to focus on electric vehic
Updated : 8 months ago IST
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
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"Powering Aatmanirbhar Bharat": Ashwini Vaishnaw lauds PM Modi for GST ref
Updated : 8 months ago IST
Union Health Minister JP Nadda said that the reduced tax rates will enhance ease of living and help families manage costs.
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