Min panel may propose 5% GST with ITC benefit on term plans
A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...
GST rules for credit notes tightened to stop leakage
A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...
Batteries, EVs and more money in hand: How Auto Inc and the Indian car buyer benefits from the Budget 2024
The recently introduced 2025 Union Budget aims to boost EV battery manufacturing through refining and recycling while also giving a much-needed boost to consumer spending ...
New Income Tax Bill 2025 Highlights: New I-T bill to be tabled in Lok Sabha on Thursday; How will it impact taxpayers?
The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...
Indian agri, commodities sector see Budget providing impetus to farmers’ welfare, rural economy
Budget boosts agriculture, commodities sectors with focus on farmers' welfare, technological advancement, and sustainable ...
Tax Guru8d
Duty-Free Shops shall be deemed to be beyond Customs Frontiers of India: Bombay HC
The court emphasized that the distinction between international duty-free shops and domestic airport retail spaces is crucial under GST laws. Sales at duty-free shops in international terminals occur ...
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Views| India's shrinking tax base: Could a GST cut have been more effective for the middle-class woes than an income tax waiver
The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...
money.rediff4d
Middle Class Ignored in USD 5 Trillion Economy Push: Chadha
AAP leader Raghav Chadha criticizes the Indian government for neglecting the middle class in its focus on building a USD 5 ...
'Defeat Them In Delhi Elections, GST Will Be Half On All Goods,' Says Arvind Kejriwal Takes Dig At BJP-Led Centre
New Delhi: Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Monday took a dig at the BJP-led Central government ...
Business Today10d
IT-BT Budget Round Table 2025: GST cut will benefit everyone, put money in every pocket: P Chidambaram
Speaking at the India Today-Business Today Budget Round Table ... "I welcome it, but I think the masses deserve money in their hands. That means GST should have been cut, or taxes on petrol ...