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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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GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35 per cent from the present 28 per cent, an official said.
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Salmon, Tofu And More: Robin Uthappa's Sumptuous Asian Meal Is Simply Sinful
The cricketer loves to gorge on good food and often cooks and bakes at his home with his family.
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PM Modi Mentions ''Seven Deadly Sins'' Of LDF, UDF In Poll-Bound Kerala
Prime Minister Narendra Modi used a Biblical reference for targeting the ruling CPI(M)-led LDF and Congress-headed UDF, saying the two fronts have committed the ''seven deadly sins'' including greed and lust for power.
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Watch: How To Make Street-Style Crispy Chicken Popcorn For Sinful Bingeing
Chicken Popcorn Recipe: This bite-sized flavourful and crunchy delight is easy to make and is ideal to nibble any time you want.
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"Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
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Sonali Bendre's Cheat Day Looks Sinfully Good, And Tahira Kashyap Wants To Share Too
Sonali Bendre is one such celebrity who unabashedly indulged in some delicious sugary treats without an ounce of guilt. Check out her post!
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Stop Calling Luxury Cars As Sin Goods; Reduce GST: Jaguar Land Rover
Luxury cars are often under scrutiny for being extravagant purchases, which has resulted in the cars attracting the highest taxation. However, Jaguar Land Rover India's President and Managing Director, Rohit Suri believes that the government should stop classifying luxury cars as sin goods and reduce the tax burden on such vehicles. In a statement ...
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GST Roadmap To Be To Work Towards A Single Rate Between 12%, 18%: Arun Jaitley
Finance Minister Arun Jaitley said the country should look towards having GST slabs of zero, five per cent and a standard rate for luxury and sin goods. The government will also look at transferring cement into a lower tax slab as the next priority, Mr Jaitley added.
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Gradual Reduction In GST Rates To Strengthen Tax Regime, Says Industry Body
With the latest rate cut announcement, only 28 items including cement, luxury and 'sin' goods remain in the highest tax bracket of 28 per cent.
-
''Good And Simple Tax'' Replaced "Congress Legacy Tax": Arun Jaitley
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
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Opinion: YouTuber Who Filmed Japan's 'Suicide Forest' May Have Done Something Good
New Year's Eve is an important day in Japan. It ends with the ringing of a temple bell around midnight. The bell is rung 108 times to banish the sins, mistakes and sufferings of the previous year. However, for one YouTuber, Dec. 31 may haunt him long past the new year. That was the day Logan Paul posted a video of himself walking through Aoikigahar...
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ITC Rallies 7% As Clarity Emerges On GST Proposals. Should You Buy?
ITC was the top gainer on the Nifty in morning deals, helping the index peek above its important crucial psychological level of 9,200.
-
How GST Could Impact Your Wallet In 10 Points
The Goods and Services Tax (GST) rate will have four brackets - 5, 12, 18 and 28 per cent. Finance Minister Arun Jaitley has said it will be announced later how different items and services will be taxed, but essentials and food will be in the lowest tax slabs while luxury and sin goods like tobacco products will be in the highest and will attract ...
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Remove Anomalies Across Sectors Before GST Rollout: Report
Taxation structure for sin goods like tobacco should not be based on emotive issues, but on rational parameters like the need to check illicit trade, said the Assocham-KPMG paper.
-
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.
-
GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35 per cent from the present 28 per cent, an official said.
-
Salmon, Tofu And More: Robin Uthappa's Sumptuous Asian Meal Is Simply Sinful
The cricketer loves to gorge on good food and often cooks and bakes at his home with his family.
-
PM Modi Mentions ''Seven Deadly Sins'' Of LDF, UDF In Poll-Bound Kerala
Prime Minister Narendra Modi used a Biblical reference for targeting the ruling CPI(M)-led LDF and Congress-headed UDF, saying the two fronts have committed the ''seven deadly sins'' including greed and lust for power.
-
Watch: How To Make Street-Style Crispy Chicken Popcorn For Sinful Bingeing
Chicken Popcorn Recipe: This bite-sized flavourful and crunchy delight is easy to make and is ideal to nibble any time you want.
-
"Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
-
Sonali Bendre's Cheat Day Looks Sinfully Good, And Tahira Kashyap Wants To Share Too
Sonali Bendre is one such celebrity who unabashedly indulged in some delicious sugary treats without an ounce of guilt. Check out her post!
-
Stop Calling Luxury Cars As Sin Goods; Reduce GST: Jaguar Land Rover
Luxury cars are often under scrutiny for being extravagant purchases, which has resulted in the cars attracting the highest taxation. However, Jaguar Land Rover India's President and Managing Director, Rohit Suri believes that the government should stop classifying luxury cars as sin goods and reduce the tax burden on such vehicles. In a statement ...
-
GST Roadmap To Be To Work Towards A Single Rate Between 12%, 18%: Arun Jaitley
Finance Minister Arun Jaitley said the country should look towards having GST slabs of zero, five per cent and a standard rate for luxury and sin goods. The government will also look at transferring cement into a lower tax slab as the next priority, Mr Jaitley added.
-
Gradual Reduction In GST Rates To Strengthen Tax Regime, Says Industry Body
With the latest rate cut announcement, only 28 items including cement, luxury and 'sin' goods remain in the highest tax bracket of 28 per cent.
-
''Good And Simple Tax'' Replaced "Congress Legacy Tax": Arun Jaitley
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
-
Opinion: YouTuber Who Filmed Japan's 'Suicide Forest' May Have Done Something Good
New Year's Eve is an important day in Japan. It ends with the ringing of a temple bell around midnight. The bell is rung 108 times to banish the sins, mistakes and sufferings of the previous year. However, for one YouTuber, Dec. 31 may haunt him long past the new year. That was the day Logan Paul posted a video of himself walking through Aoikigahar...
-
ITC Rallies 7% As Clarity Emerges On GST Proposals. Should You Buy?
ITC was the top gainer on the Nifty in morning deals, helping the index peek above its important crucial psychological level of 9,200.
-
How GST Could Impact Your Wallet In 10 Points
The Goods and Services Tax (GST) rate will have four brackets - 5, 12, 18 and 28 per cent. Finance Minister Arun Jaitley has said it will be announced later how different items and services will be taxed, but essentials and food will be in the lowest tax slabs while luxury and sin goods like tobacco products will be in the highest and will attract ...
-
Remove Anomalies Across Sectors Before GST Rollout: Report
Taxation structure for sin goods like tobacco should not be based on emotive issues, but on rational parameters like the need to check illicit trade, said the Assocham-KPMG paper.
