Tag: luxury goods
Europe’s richest man sues Elon Musk’s X over not paying for using his newspapers’ content: Report
Bernard Arnault, Europe’s richest person is suing Elon Musk’s social media platform X (Formerly Twitter), claiming his newspapers’ content is being used without paying for…
Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab
New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved to the…
GST Compensation Cess Future: Group of Ministers proposes merger with taxes
The group of ministers (GoM) on GST compensation cess, under Minister of State for Finance Pankaj Chaudhary, on Wednesday discussed merger of compensation cess into…
End of cess may not be blessing for ‘sin taxed’
New Delhi: Cigarettes and other tobacco products, carbonated drinks and high-end automobiles, currently in the 28% goods and services tax (GST) slab, could see this…
GST rate cut: States are also cautious on GST rate cuts: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said that even states were cautious on moving ahead with rate cuts. “I am not blaming them…they want revenue…