Tag: tax rate

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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GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30
Posted in Economy

GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30

New Delhi: The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life…

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Finance minister Nirmala Sitharaman attends the proceedings of the Lok Sabha during the Monsoon Session of the Parliament, in New Delhi.(SansadTV)
Posted in Business

Nirmala Sitharaman on Budget 2024: ‘Want to give relief to middle class but…’

Finance minister Nirmala Sitharaman said that through the Union Budget 2024 the government aimed to provide relief to the middle class although there are limitations….

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The rupee declined to 83.69 to the dollar. (Getty Images/iStockphoto)
Posted in Business

Indian rupee declines to record low after government raises tax on capital gains

Jul 23, 2024 02:30 PM IST The Indian rupee declined to record low after the domestic stock market crashed due to the government raising tax…

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