Gst 2019

Union Budget 2019: Travel and tourism industry eyes easing of tax burden, improvement of infrastructure and better connectivity

The travel and tourism industry expects a reduction of the tax burden, improvement of infrastructure and better connectivity from the upcoming Budget 2019, that will help double both the international as well as domestic tourist traffic

Budget 2019-20: GST cut on auto, incentive to scrap old vehicles on SIAM's wish list

Passing through one of the longest sales slowdowns, the auto industry has sought a reduction of GST on all vehicles to 18 percent from the current rate of 28 percent

Budget 2019: Industry wants clarity in e-KYC norms, rationalisation in GST and increase in tax deduction limits

The government may come out with new policies or benefits even though this is only an interim budget, says India Inc

Budget 2019: PHD Chamber seeks cut in corporate tax, higher income tax exemption limit for individuals

PHD Chamber on Wednesday pitched for cutting corporate tax to 25 percent, and raising income tax exemption limit for individuals to Rs 3.5 lakh per annum in the forthcoming Budget

Budget 2019: Will govt take populist route and make announcements to include petroleum products under GST ambit?

While petroleum products are constitutionally included under the GST, the date on which the GST shall be levied on such goods shall be decided by the GST Council.

Budget 2019: Maruti Suzuki calls for reduction in taxes on automobiles in order to create demand, develop industry

Tax on automobiles in India is higher compared to many other countries and there is a need to reduce it in order to create demand and develop the industry, Maruti Suzuki India Managing Director and Chief Executive Officer Kenichi Ayukawa said Wednesday

Budget 2019: Announce accidental insurance, concessional credit for traders, CAIT asks Narendra Modi

Traders' body CAIT on Wednesday demanded an incentive package from Prime Minister Narendra Modi for traders such as accidental insurance coverage, credit at concessional rates and rationalisation of GST slabs

Budget 2019: Govt must boost liquidity in realty sector, create Rs 2,000 cr fund for stalled projects, says NAREDCO

Realtors' body NAREDCO on Tuesday demanded that the Centre should take some steps in the coming Budget to boost liquidity in the sector post-NBFC crisis and create a Rs 2,000 crore dedicated fund to complete stalled projects

Budget 2019: Arun Jaitley’s calculations have gone awry because of a huge shortfall in GST collections

At the current rate, the gap in the actual central GST earned and the central GST that the government hoped that it would earn, will be close to Rs 1,50,000 crore.

Budget 2019: Govt likely to overshoot fertiliser subsidy bill by Rs 30,000 cr, banks may chip in, says report

A rise in fertiliser prices overseas and a fall in the rupee currency also made imported fertilisers more expensive