Tag: tax cuts

GST rate rationalisation: GoM discusses pruning 12 pc slab, next meeting on Oct 20
Posted in Economy

GST rate rationalisation: GoM discusses pruning 12 pc slab, next meeting on Oct 20

New Delhi: The GoM on GST rate rationalisation has discussed tax rate tweaks on over 100 items, including lowering taxes on certain goods from 12…

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Finance minister Nirmala Sitharaman chairs the 54th meeting of the GST Council, in New Delhi.
Posted in Business

GST council meeting: What has become cheaper for you now

Sep 10, 2024 03:05 PM IST The GST council announced tax cuts on items including cancer drugs, namkeens, and helicopter travel. GST on cancer drugs…

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IMF warns Britain against more pre-election tax cuts
Posted in UK News

IMF warns Britain against more pre-election tax cuts

LONDON: The International Monetary Fund warned Britain‘s government on Tuesday that it was on course to miss its debt target and should not cut taxes…

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UK finance minister dampens down hopes of tax cuts as election looms
Posted in UK News

UK finance minister dampens down hopes of tax cuts as election looms

LONDON: British finance minister Jeremy Hunt on Sunday talked down the likelihood of tax cuts in this week’s budget, pledging “prudent and responsible” measures “for…

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Ahead of UK budget, Hunt says forecasts 'have gone against us'
Posted in UK News

Ahead of UK budget, Hunt says forecasts ‘have gone against us’

LONDON: British finance minister Jeremy Hunt said there had been a deterioration in the economic forecasts that will underpin this week’s annual budget statement and…

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Maria Martinez Meseberg: Germany agrees 32 billion euro tax cuts to give economy 'big boost'
Posted in Europe News

Maria Martinez Meseberg: Germany agrees 32 billion euro tax cuts to give economy ‘big boost’

MESEBERG: Germany‘s coalition on Tuesday set aside weeks of squabbling to agree to a total of 32 billion euros ($34.63 billion) in corporate tax cuts…

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