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More Investment In R&D, Health Insurance Must Be Slotted In 5% GST Tax Slab
Budget 2021: Experts believe that for the long-term, the government must increase the investment for R&D, equipment, and medical infrastructure, to develop a stronger healthcare system
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GST Rate Lowered On Movie Tickets, Printers, Over 60 Items: 10 Facts
The GST or Goods and Services Tax Council met on Sunday to review demands raised by 133 industries seeking change from the fitments originally made under the four-slab indirect tax structure. Chaired by Union Finance Minister Arun Jaitley, the Council lowered the tax rate for 66 items of common use. While taxes on packaged foods and school bags and...
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India's Mega Reform GST, Set For July 1 Rollout, Leaves Some Worried
The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...
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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.
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Arun Jaitley 'Packs a Punch' at Debut Investor Meet, Says Citi
Finance Minister Arun Jaitley, on a nine-day trip to the US, told investors at a Citi-hosted conference that the government has opened up closed sectors such as insurance, defense and railways, announced lowering of corporate taxes (starting FY16) and eliminated all government discretion, which led to corruption.
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Won't Let Political Obstructionism Stop Insurance Reform, Says Finance Minister Arun Jaitley
A day after introducing the long-pending Goods and Services Tax (GST) Bill in the Lok Sabha, Finance Minister Arun Jaitley today said the government is "extremely determined" to push insurance sector reforms and will not allow political obstructionism to stop it.
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Working Overtime to Push Reforms: Arun Jaitley
Committing to push growth rate to 6-6.5 per cent in the next fiscal year, Finance Minister Arun Jaitley on Friday said the government is "working overtime" to push reforms, especially, in sectors like insurance and coal, and the Goods and Services Tax (GST).
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Here Is Your Look at Status of Pending Reforms
Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector and changes to tax and labour rules that could accelerate recovery, but he faces stiff opposition.
-
More Investment In R&D, Health Insurance Must Be Slotted In 5% GST Tax Slab
Budget 2021: Experts believe that for the long-term, the government must increase the investment for R&D, equipment, and medical infrastructure, to develop a stronger healthcare system
-
GST Rate Lowered On Movie Tickets, Printers, Over 60 Items: 10 Facts
The GST or Goods and Services Tax Council met on Sunday to review demands raised by 133 industries seeking change from the fitments originally made under the four-slab indirect tax structure. Chaired by Union Finance Minister Arun Jaitley, the Council lowered the tax rate for 66 items of common use. While taxes on packaged foods and school bags and...
-
India's Mega Reform GST, Set For July 1 Rollout, Leaves Some Worried
The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...
-
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.
-
Arun Jaitley 'Packs a Punch' at Debut Investor Meet, Says Citi
Finance Minister Arun Jaitley, on a nine-day trip to the US, told investors at a Citi-hosted conference that the government has opened up closed sectors such as insurance, defense and railways, announced lowering of corporate taxes (starting FY16) and eliminated all government discretion, which led to corruption.
-
Won't Let Political Obstructionism Stop Insurance Reform, Says Finance Minister Arun Jaitley
A day after introducing the long-pending Goods and Services Tax (GST) Bill in the Lok Sabha, Finance Minister Arun Jaitley today said the government is "extremely determined" to push insurance sector reforms and will not allow political obstructionism to stop it.
-
Working Overtime to Push Reforms: Arun Jaitley
Committing to push growth rate to 6-6.5 per cent in the next fiscal year, Finance Minister Arun Jaitley on Friday said the government is "working overtime" to push reforms, especially, in sectors like insurance and coal, and the Goods and Services Tax (GST).
-
Here Is Your Look at Status of Pending Reforms
Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector and changes to tax and labour rules that could accelerate recovery, but he faces stiff opposition.
