The Federation of Hotel & Restaurant Associations of India (FHRAI) has called on the government to separate the Goods and Services Tax (GST) on Food & Beverage (F&B) services from hotel room tariffs.

Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the ...

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale”. She said that the ...

Sitharaman said that the ministerial group set up by the GST Council has done excellent work, which is in final stages now and that the minister would take one more look at the proposals and take it ...

Less than 1% of seed-funded tech startups will become Unicorns, which is a private company valued at $1 billion. Becoming a Centaur—a private company reaching $100 million in annual recurring ...

The All India Organisation of Chemists and Druggists (AIOCD) reports a 50% surge in counterfeit medicines post-COVID-19. Contributing factors include consumer preference for discounts, ineffective ...

The GST Council has reconstituted the Group of Ministers on GST revenue analysis which will suggest sector-specific issues that need policy intervention, and the feasibility of a unified enforcement ...

The GST Council has constituted a Group of Ministers under Uttar Pradesh Finance Minister Suresh Kumar Khanna to suggest uniform policies for levying a special calamity cess in case of natural ...

GST Council, in its 56th meeting held on December 21, 2024, decided to form a Group of Ministers (GoM) to examine the legal and structural aspects of imposing a special cess for revenue mobilization ...

An outline proposal to create a new Staffordshire Unitary authority moved forward today (Thursday) following a meeting of Staffordshire county councillors today. An extra £45 million will be invested ...