Search For "tax rate"
Renault India announces price cut owing to GST
Updated : 8 years, 9 months ago IST
New Delhi [India], July 5 (ANI): In a move to pass on the benefits of the Goods and Services Tax (GST) to its customers, Renault India on Wednesday announced a price reduction in its products, depending on the state, model and the variant purchased, basis the tax rates applicable prior to th
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Congress objected on GST only at final moment: BJP
Updated : 8 years, 9 months ago IST
New Delhi [India], July 1 (ANI): The Bharatiya Janata Party (BJP) on Saturday accused the Congress of not being supportive or encouraging on the issue of the Goods and Service Tax (GST) and stated that the opposition had objected on the tax rate fixing only at the final moment.
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GST Council reduces tax rate on fertilizer from 12 pct to 5 pct
Updated : 8 years, 9 months ago IST
New Delhi [India], June 30 (ANI): Union Finance Minister Arun Jaitley on Friday informed that the Goods and Services Tax (GST) on fertilizers has been brought down from 12 percent to five percent.
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Snack Food Association demands five Percent GST rate instead of 12 Percent
Updated : 8 years, 9 months ago IST
New Delhi [India], June 21 (ANI-BusinessWire India): The Goods and Services Tax (GST) Council had announced 12 percent tax rate for Indian traditional Namkeen, Savories, Farsan, Potato Chips, Banana Chips and so on. This rate should be reduced to 5 percent to maintain uniformity with the GST
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GST Council sets tax rates for lotteries, hotels
Updated : 8 years, 9 months ago IST
New Delhi [India], June 18 (ANI): The Goods and Service Tax (GST) Council on Sunday decided to tax state-run lotteries and state authorised lotteries at 12 and 18 percent respectively, and to tax 28 percent in hotels starting from Rs 7,500 and 18 percent below Rs. 7,500.
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CBFC chief thanks GST council for reducing tax rates on movie tickets
Updated : 8 years, 9 months ago IST
New Delhi [India], June 12 (ANI): Censor Board of Film Certification (CBFC) chief Pahlaj Nihalani has thanked the government and Union Finance Minister Arun Jaitley for considering their request of reducing the entertainment tax limit.
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GST Council finalises tax rates for five commodities
Updated : 8 years, 9 months ago IST
New Delhi [India], June 3 (ANI): The Goods and Services Tax (GST) Council on Saturday finalised the tax rates on five out of the six commodities that were excluded in the previous meeting.
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Amusement park industry urges for lower tax rate under GST
Updated : 8 years, 9 months ago IST
New Delhi [India], May 30 (ANI): With the imposition of a mammoth 28 percent tax rate on amusement-theme parks under the forthcoming Goods and Services Tax (GST) regime, there exists an underlying threat to its survival as it will not only hamper the industry but would also pose to be a dete
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TN hotels to shutdown on May 30 over GST rates
Updated : 8 years, 9 months ago IST
Coimbatore (Tamil Nadu) [India], May 26 (ANI): As a mark of disagreement with the exorbitant tax rates under the much-awaited Goods and Services Tax (GST) Bill to be rolled out on July 1, hotels and restaurants across Tamil Nadu will observe a one-day shutdown on May 30.
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Foodgrains, common-use products to get cheaper as GST Council decides serv
Updated : 8 years, 9 months ago IST
New Delhi [India], May 19 (ANI): The Goods and service Tax (GST) council will decide the rate of Service Tax today.
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Trump unveils blueprint for major tax reforms
Updated : 8 years, 9 months ago IST
Washington D.C. [U.S.A], April 27 (ANI): U.S. President Donald Trump has released a tax plan that proposes to cut income tax rates, slash taxes for businesses and on overseas corporate profits returned to the country.
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Tax reform is great way to change economy: Trump
Updated : 8 years, 9 months ago IST
Washington D.C. [United States], Feb. 15 (ANI): Asserting that tax reform is a great way to change the economy, U.S. President Donald Trump on Wednesday vowed to remove regulations that cost jobs and substantially reduce the corporate tax rates.
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