Gst Cheaper Dearer
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Cheaper Or Costlier? How GST May Impact Prices Of Goods
Since GST is meant to eliminate "tax on tax", experts say overall tax burden on goods is expected to fall over time.
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Economy Class Air Travel Set To Become Cheaper From July 1
However, for those travelling business class, tickets will become dearer as the tax will go up from 9 per cent to 12 per cent.
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GST May Make Oil, Chicken Dearer; TV, Air Conditioner Cheaper
The proposed 4-tier GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken.
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GST May Make Oil, Chicken Dearer; TV, Air Conditioner Cheaper
According to the Centre's estimates on impact of the 4-slab rate structure on CPI inflation, items like chicken and coconut oil which currently suffer a tax incidence of 4 per cent will be taxed at 6 per cent under the GST regime.
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GST Impact: Cars, FMCG Items To Get Cheaper, Services More Expensive
Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper once Goods and Services Tax or GST is rolled out next year, but mobile phones, banking and insurance services, telephone bills as well as air travel will be dearer due to higher tax.
-
Cheaper Or Costlier? How GST May Impact Prices Of Goods
Since GST is meant to eliminate "tax on tax", experts say overall tax burden on goods is expected to fall over time.
-
Economy Class Air Travel Set To Become Cheaper From July 1
However, for those travelling business class, tickets will become dearer as the tax will go up from 9 per cent to 12 per cent.
-
GST May Make Oil, Chicken Dearer; TV, Air Conditioner Cheaper
The proposed 4-tier GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken.
-
GST May Make Oil, Chicken Dearer; TV, Air Conditioner Cheaper
According to the Centre's estimates on impact of the 4-slab rate structure on CPI inflation, items like chicken and coconut oil which currently suffer a tax incidence of 4 per cent will be taxed at 6 per cent under the GST regime.
-
GST Impact: Cars, FMCG Items To Get Cheaper, Services More Expensive
Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper once Goods and Services Tax or GST is rolled out next year, but mobile phones, banking and insurance services, telephone bills as well as air travel will be dearer due to higher tax.
