NEW DELHI: Centre’s decision to levy different tax rates on popcorn based on whether it contains sugar or salt has faced extensive backlash on social media, with two former government economic advisers criticising the taxation framework established in 2017.The GST Council, led by the finance minister Nirmala Sitharaman, issued a order on Saturday announcing 5%…
The first stock market holiday of 2025 will be on February 26 for Mahashivratri celebrations. Stock market BSE, NSE holidays 2025: The stock exchanges in India have announced 14 trading holidays for 2025. In February, May, November and December there will be one holiday, while March and August will have two holidays each. April and…
Indian Railways is also developing domestic manufacturing capabilities for bullet trains. (AI image for representative purpose) India’s first bullet train design: India and Japan are close to finalising the design specifications for bullet trains on the Mumbai-Ahmedabad High-Speed Rail (MAHSR) Corridor, which will facilitate the tender process.The Japanese Shinkansen trains are undergoing modifications to suit…
According to market experts, Nifty’s crucial support level is now anticipated at 23,250. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, surged in trade on Monday morning. While BSE Sensex was above 78,600, Nifty50 was above 23,750. At 9:16 AM, BSE Sensex was trading at 78,629.72, up 588 points or…
MUMBAI: Rohan Mirchandani, co-founder at yoghurt brand Epigamia, passed away on Dec 21 at the age of 42 due to a sudden cardiac arrest, the company said in a statement.Mirchandani, an alumni of The Wharton School and NYU Stern School of Business, set up Epigamia parent Drums Food International in 2013. He introduced the flavoured…
NEW DELHI: Toothpastes and toilet soaps, traditionally focused on functionality, are now shifting their emphasis to ingredients, reflecting a broader consumer preference for natural and plant-based ingredients. FMCG players and research agencies point out that the trend is becoming more pronounced, with this spilling over into haircare and other personal care products. Recent product launches…
JAISALMER: Cigarettes could be among the first products to be brought under the “track and trace mechanism” that was cleared by the GST Council on Saturday, with pan masala also being a likely candidate for inclusion.The Council led by FM Nirmala Sitharaman has cleared amendments to the Central GST Act to empower govt to enforce…
JAISALMER: The GST Council on Saturday decided to waive tax on gene therapy used to treat cancer and reduced the levy on fortified rice kernels used in PDS to 5%, but deferred a call on lower rates for health and term assurance and food delivery services as more consultations were required.The all-powerful panel led by…
MUMBAI: Former finance minister Arun Jaitley had encouraged Raghuram Rajan to take decisive action on cleaning up bad loans of Indian banks, the former RBI governor said in a recent interview to a news portal and asserted that the build-up of non-performing assets (NPAs) in the banking sector, worsened by corruption, delayed clearances, and the…
GST council has sanctioned a rate increase to 18% from 12% for transactions involving the sale of old and used cars. GST Council Meeting latest update: The ongoing 55th GST council meeting in Jaisalmer is addressing crucial taxation matters, including revisions for AAC blocks, fortified rice and flavoured popcorn categories.According to ET’s Deepshikha Sikarwar, the…
