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Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
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Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan's Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments act is adequate, an official at the agency said, asking not to be identified in line with the institution’s rules.
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Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
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Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
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Budget 2024: Centre To Look At Lowering Duties For Properties Purchased By Women
Budget 2024: The government will look at further lowering duties for properties purchased by women and making it an essential component of urban development schemes, Finance Minister Nirmala Sitharaman said on Tuesday.
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CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.
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Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
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Tesla Chief Elon Musk Said to Meet PM Modi in April, Announce India Investment Plans
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
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Tesla Handed a Boost as Government Promises to Lower EV Import Taxes for Automakers Investing $500 Million
India said on Friday it will lower import taxes on certain electric vehicles for companies committing to at least $500 million in investment and manufacturing facilities within three years, potentially bolstering Tesla's plans to enter the market.
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US In "Stronger Position" To Win Against China Than Anyone Else: Joe Biden
US President Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy.
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Mahindra Calls for EV Level Playing Field Amid Tesla's India Entry Plans
Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.
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India Trade Department Backs Lower Tax On Hybrid Cars In Green Push
India's trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy sources, following demands by Japanese car makers, five government and industry sources told Reuters.
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5% GST On Millet-Based Flour If Sold In Pre-Packaged, Labelled Form
The GST Council on Saturday decided to levy a lower 5 per cent tax on millet-based flour when sold in pre-packaged and labelled form, Finance Minister Nirmala Sitharaman said.
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Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
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After Tesla Proposal, Government Considers Import Tax Cut for Automakers That Manufacture in India
India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.
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Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
-
Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan's Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments act is adequate, an official at the agency said, asking not to be identified in line with the institution’s rules.
-
Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
-
Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
-
Budget 2024: Centre To Look At Lowering Duties For Properties Purchased By Women
Budget 2024: The government will look at further lowering duties for properties purchased by women and making it an essential component of urban development schemes, Finance Minister Nirmala Sitharaman said on Tuesday.
-
CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.
-
Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
-
Tesla Chief Elon Musk Said to Meet PM Modi in April, Announce India Investment Plans
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
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Tesla Handed a Boost as Government Promises to Lower EV Import Taxes for Automakers Investing $500 Million
India said on Friday it will lower import taxes on certain electric vehicles for companies committing to at least $500 million in investment and manufacturing facilities within three years, potentially bolstering Tesla's plans to enter the market.
-
US In "Stronger Position" To Win Against China Than Anyone Else: Joe Biden
US President Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy.
-
Mahindra Calls for EV Level Playing Field Amid Tesla's India Entry Plans
Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.
-
India Trade Department Backs Lower Tax On Hybrid Cars In Green Push
India's trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy sources, following demands by Japanese car makers, five government and industry sources told Reuters.
-
5% GST On Millet-Based Flour If Sold In Pre-Packaged, Labelled Form
The GST Council on Saturday decided to levy a lower 5 per cent tax on millet-based flour when sold in pre-packaged and labelled form, Finance Minister Nirmala Sitharaman said.
-
Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
-
After Tesla Proposal, Government Considers Import Tax Cut for Automakers That Manufacture in India
India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.
