GST Council Meeting
GST on mobile phones raised to 18%, rates on MRO services cut to 5%
Sun, Mar 15, 2020
The GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday decided to raise rates on mobile phones to 18 per cent from 12 per cent now stating that the move would correct the inverted duty structure.
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GST Council meeting: Nirmala Sitharaman says rate on hotel room tariffs from Rs 1,001 to Rs 7,500 cut to 12%
Fri, Sep 20, 2019
Addressing the media, the FM said the GST rate on slide fasteners has been reduced from 18% to 12%; marine fuel 18% to 5%; 12% to 5% on wet grinders consisting of stone as a grinder, and 5% to nil on dried tamarind.
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Corporate Tax Cut: Modi govt has done more than our expectations, says VK Sharma of HDFC Securities
Fri, Sep 20, 2019
As the Modi government today announced a series of tax incentives to boost the industry and give a big push to investment, Indian stocks surged over 5%, and showed their best day performace in more than a decade.
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Boom Time! Corporate tax rate cut to 25% in Nirmala Sitharaman 'mini-Budget'; experts react
Fri, Sep 20, 2019
The total taxation revenue loss due to the measure would be 1.45 lakh crore rupees ($20.5 billion), Sitharaman said, raising concerns that the government may not be able to meet its fiscal deficit target of 3.3% for 2019-20 at a time when tax revenue collections are already weak.
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Nirmala Sitharaman holds review meeting with Public Sector Banks ahead of GST Council sitting - TOP DEVELOPMENTS
Thu, Sep 19, 2019
Union Finance Minister Nirmala Sitharaman and MoS Finance & Corporate Affairs Anurag Thakur on Thursday held a review meeting with Public Sector Banks (PSBs) at New Delhi
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GST Council meet: Rates on electric vehicles slashed to 5%
Sat, Jul 27, 2019
In a welcome move for e-vehicles manufacturing industry in India, a decision is taken in the 36th GST Council meeting to reduce Goods and Services Tax (GST) rates on electrical vehicles (EV) from 12 percent to 5 percent. Watch this video to know more.
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GST Council meeting: Rates on electric vehicles can be slashed to 5%
Sat, Jul 27, 2019
In a welcome move for the e-vehicles manufacturing industry in India, a decision can be taken in the 36th GST Council meeting to reduce Goods and Services Tax (GST) rates on electrical vehicles (EV) from 12 percent to 5 percent. Watch this video to know more.
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