Latest News on Cess
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Cess - Total results - 28
Jul 24, 2018
Finance Act 2018: A look at how recent changes impact personal tax planning for the ongoing financial yearNet tax savings for a majority of all salaried individuals, on account of the changes listed in the Finance Act, 2018, has left a lot to be desired.
Jul 11, 2018
GST panel not in favour of sugar cess, mulls levying 1% tax on luxury goods instead to battle agrarian distressThe GST Council in its last meeting in May had constituted the GoM to look into the food ministry's proposal of imposition of cess of up to Rs 3 per kg on supply of sugar over and above 5 percent GST rate
Apr 06, 2018
Dharmendra Pradhan for inclusion of petroleum products under GST ambit; says state govts making up their mind on decisionThe inclusion of petroleum products under GST will bring it into a rational tax mechanism, Pradhan said
Mar 30, 2018
Long-term capital gains tax, other Budget proposals to kick in on 1 AprilOther tax proposals like the reduced corporate tax of 25 percent on businesses logging a turnover of up to Rs 250 crore will come into effect from 1 April.
Jan 25, 2018
Budget 2018: Oil and gas industry seeks infrastructure status, lower taxesOil and gas industry wants inclusion of natural gas in the Goods and Services Tax (GST) regime at the earliest to boost the use of environment friendly fuel and help transition to a gas-based economy
Jan 22, 2018
JLR India head wants 'reasonable' taxes on luxury cars against the current 50%Stating that taxes on luxury vehicles in India are among the highest in the world, JLR India President and Managing Director Rohit Suri said this has restricted volumes growth thereby preventing companies from assembling more models here
Dec 27, 2017
GST compensation to states: Lok Sabha passes bill for hike in cess on luxury cars to 25%The Bill replaces Ordinance which provided for a hike in GST cess on a range of passenger vehicles from mid-size to hybrid variants and luxury cars to 25 percent
Aug 29, 2017
GST collections hit Rs 92,283 cr in July, likely to go up further: FM Arun JaitleyOf the tax collected, Jaitley said, Rs 14,894 crore have come in as Central GST, Rs 22,722 crore as State GST and Rs 47,469 crore as Integrated GST, which is levied on inter-state movement of goods and imports
Jun 19, 2017
GST for consumers: What you should know before paying when the new tax regime kicks inGoods and Services Tax is one indirect tax reform, which will make the country one unified common market for industries to pay taxes
Jun 04, 2017
GST rate for gold fixed at 3%, biscuits 18%, bidis 28%; states, except West Bengal, agree to 1 July rolloutNew Delhi: Footwear below Rs 500 will be taxed at 5 percent under the Goods and Services Tax, while the rest would be in the 18 percent bracket once the new regime is rolled out from 1 July.