Post Tagged with: "gst"

HDMC contractors go on strike from today

HDMC contractors go on strike from today

HUBBALLI: Amid all the efforts that the district administration and civic authorities are putting in for the success of the Kannada Sammelana in , the indefinite dharna announced by the HDMC civic and electrical contractors is giving them jitters. The contractors are demanding that their bills, for the works done […]

Though it slowed growth, DeMo was needed: Modi

Though it slowed growth, DeMo was needed: Modi

NEW DELHI: Prime Minister Narendra Modi has said the coming election will be one between “janata (people)” and the opposition alliance (Mahagathbandan). “Their single-point agenda is Modi. Do this to Modi, do that to Modi… Take any 10 pages of a newspaper, 10 leaders of (this) alliance in different voices […]

GST rate cut to hike cost of low, mid-priced houses

GST rate cut to hike cost of low, mid-priced houses

NAGPUR: Contrary to the perception that reduction of rate from the present 12% to 5% on under-construction homes would make houses cheaper, the move may, in fact, hit the interest of low and mid-priced home buyers. Reason: The input tax credit () is likely to be done away with if […]

New GST rates come into effect: What‘s cheaper

New GST rates come into effect: What‘s cheaper

NEW DELHI: The had on December 22 reduced tax rates + on 23 goods and services, including movie tickets, TV/monitor screens and power banks, and exempted frozen and preserved vegetables from the levy. The new rates came into force today. What‘s cheaper: GST slashed from 28% to 18% Pulleys, transmission […]

DeMo was not a ‘jhatka‘, PM says: Key highlights

DeMo was not a ‘jhatka‘, PM says: Key highlights

On surgical strike The surgical strikes + were carried out days after terrorists attacked an Army camp in Uri in Kashmir in which 20 soldiers were killed. PM Modi, while revealing details of the military action for the first time, said the date of the attack was changed twice, keeping […]

Focus on identifying areas which have escaped tax net: Revenue secy

Focus on identifying areas which have escaped tax net: Revenue secy

NEW DELHI: The government is looking at bringing untaxed sectors in the net as well as improving compliance to raise the tax-to-GDP ratio, Ajay Bhushan Pandey said. He also said officials would ensure that taxpayers who are paying taxes honestly are not disturbed, but those who are defaulting in payment […]

CGST cut likely to cost K‘taka Rs 14,000Cr

CGST cut likely to cost K‘taka Rs 14,000Cr

BENGALURU: At a time when in is stabilising after the launch of in July last year, the Centre’s decision to slash and proposal to fix single standard rate below 18% has jolted the state administration as it is likely to dent its earnings. Officials in the said the slashed GST […]

K‘taka CM meets Jaitley, seeks extension of GST compensation period

K‘taka CM meets Jaitley, seeks extension of GST compensation period

New Delhi: Karnataka Chief Minister H D Kumaraswamy met Union Finance Minister Arun Jaitley here on Thursday and sought extension of the GST compensation period till 2025, contending that the state's revenue deficit has widened to 20 per cent post-GST regime. At present, the states are entitled to get compensation […]

Patanjali sales dip as rivals advance into natural space

Patanjali sales dip as rivals advance into natural space

reported a dip in its sales and profits for the year ended March 2018 due to increased competition with many rivals, mostly multinationals, rolling out natural and herbal products as well as its own distribution troubles post rollout. The Baba Ramdev-led enterprise’s revenues fell 10% to Rs 8,135 crore in […]

Chidambaram wants to know why GST goals are changing

Chidambaram wants to know why GST goals are changing

NEW DELHI: Former finance minister on Wednesday raised questions about what caused the change in the “declared goals” of the Goods and Services Tax () regime, why it was being changed. “Until yesterday a single standard rate of GST was a stupid idea. Since yesterday, it is the declared goal […]