November 15, 2024
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Tag: GST

Mamata Banerjee urges Sitharaman to review ‘anti-people’ taxation policies, withdraw GST on insurance premium | India News – Times of India

admin03 mins

Calling tax on essential items ‘anti-people,’ West Bengal chief minister Mamata Banerjee urged the central government to remove the goods and services tax (GST) on life insurance and health insurance premiums. In a letter, addressed to Union finance minister Nirmala Sitharaman, Banerjee emphasized that the tx on essential items increases the financial burden on ordinary…

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‘Sure sign of … ‘: On Nitin Gadkari’s letter to Sitharaman, Congress takes ‘dissent’ jibe | India News – Times of India

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NEW DELHI: The Congress on Wednesday targeted the BJP over road transport and highways minister Nitin Gadkari‘s letter to finance minister Nirmala Sitharaman, calling it a “sure sign of internal dissent and rumblings” against Prime Minister Narendra Modi. In his letter, Gadkari requested Sitharaman to withdraw the 18 per cent Goods and Services Tax (GST)…

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‘Free power, local clinics across India’: Delhi CM in bid to counter PM Modi with ‘Kejriwal ki guarantee’ | India News – Times of India

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NEW DELHI: On Day 2 of his campaigning after being released on interim bail, the Delhi CM Sunday announced ‘Kejriwal ki Guarantee’, listing 10 pledges, including granting full statehood to Delhi, scrapping Agniveer scheme and simplifying GST, which will be fulfilled if ‘INDIA’ bloc forms the govt at the Centre.Saying people would have to choose…

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Kerala High Court classifies Malabar ‘Parota’ as akin to bread, subject to lower GST @5% – Times of India

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Third-time lucky! This aptly describes the victory in the arena of Goods and Services Tax (GST) by ‘Parota’ manufacturer and supplier, Modern Food Enterprises. After unsuccessful rulings given by the Authority for Advance Rulings, and later its Appellate Bench, the Kerala high court finally held that Malabar ‘Parota’ is akin to bread, as it has…

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Are you sure you own an SUV? Just a third of car models branded & sold as Sports Utility Vehicles meet official definition – Times of India

admin06 mins

Do you own an SUV? You may want to check again, since the criteria for determining GST rates on Sports Utility Vehicles are very specific. In India, Sports Utility Vehicles or SUVs have gained immense popularity, constituting every second car sold. However, as per the official SUV definition, they represent only about one-tenth of total…

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GST collections for March 2024 hit second-highest record level of Rs 1.78 lakh crore; FY24 mop up crosses Rs 20 lakh crore – Times of India

admin04 mins

GST Collections March 2024: In a boost for the economy, the gross Goods and Services Tax (GST) collections for the month of March came in at the second highest ever level of Rs 1.78 lakh crore. This is an 11.5% year-on-year growth, according to the Ministry of Finance.This increase was primarily fueled by a significant…

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