Gst Rate-cut

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Gst Rate-cut - Total results - 20
Hotel stocks rally up to 20% after GST Council rate cut on hotel room tariffs
Business

Hotel stocks rally up to 20% after GST Council rate cut on hotel room tariffs

Scrips of hotel companies zoomed in the morning trade on Monday by up to 9 after the GST council cut tax on hotel room tariffs

GST Council meets tomorrow to decide on tax moderation; industries seek relief amid economic slowdown
Business

GST Council meets tomorrow to decide on tax moderation; industries seek relief amid economic slowdown

Amid the clamour for a rate cut by various industries, the all-powerful GST Council will hold a crucial meeting on Friday to decide on tax moderation, keeping in mind the revenue position and the need to boost sagging economic growth

GST Council meet: Hero MotoCorp urges phase-wise tax reduction; seeks early rate cut for 2-wheelers
Business

GST Council meet: Hero MotoCorp urges phase-wise tax reduction; seeks early rate cut for 2-wheelers

Hero MotoCorp on Thursday urged the government to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage

Ahead of GST Council meet, fitment panel rejects tax rate cut for auto, biscuits; favours relief for hotel industry
Business

Ahead of GST Council meet, fitment panel rejects tax rate cut for auto, biscuits; favours relief for hotel industry

Ahead of the crucial GST Council meeting on Friday, a committee of officials has rejected demands for a cut in tax rate on items ranging from biscuits to car owing to tight revenue position as any reduction will dent Centre and State collections

GST Council meets next Friday; tax rate cut to hinge on revenue position, says govt official
Business

GST Council meets next Friday; tax rate cut to hinge on revenue position, says govt official

The all-powerful GST Council will at its Goa meeting next week consider demands for reducing taxes on products ranging from cars to biscuits keeping in mind the revenue position as any cut will have a direct impact on earnings of states, a senior government official has said

Auto sector slowdown: Components industry seeks uniform 18% GST on all parts
Business

Auto sector slowdown: Components industry seeks uniform 18% GST on all parts

Auto components industry on Friday sought uniform 18 percent GST in order to help companies with their working capital borrowings which could be used to invest in long-term assets

GST probe arm finds P&G India guilty of profiteering Rs 250 cr; firm says committed to pass benefits to consumers
Business

GST probe arm finds P&G India guilty of profiteering Rs 250 cr; firm says committed to pass benefits to consumers

As per GST anti-profiteering rules, companies have to pass on the benefit of reduction of taxes to consumers by way of commensurate cut in product prices.

GST cut on housing sales 'revolutionary step', will help to narrow down demand mismatch gap: Experts
Business

GST cut on housing sales 'revolutionary step', will help to narrow down demand mismatch gap: Experts

Sales of under-construction houses were severely affected as there was no GST on completed homes. Developers had been demanding cut in GST rates

GST NAA finds McDonald's franchisee Hardcastle Restaurants guilty of profiteering Rs 7.49 cr
Business

GST NAA finds McDonald's franchisee Hardcastle Restaurants guilty of profiteering Rs 7.49 cr

Hardcastle Restaurants was operating quick service restaurants under the brand name McDonald's in the Western and Southern regions of India.

Putty manufacturing companies penalised for not passing on GST rate cut benefit
Business

Putty manufacturing companies penalised for not passing on GST rate cut benefit

The department of Legal Metrology has penalised two wall putty manufacturing companies in Jammu allegedly for not passing on the benefit of GST rate cut to consumers

FinMin to examine private security industry demand for GST cut: MoS Finance Shukla
Business

FinMin to examine private security industry demand for GST cut: MoS Finance Shukla

There is a merit in the demand for reduction in GST rate to 5 percent as this industry generates roughly 5 lakh job yearly,

MNCs play truant, cite vague reasons for not passing on GST rate cut benefit to consumers
Business

MNCs play truant, cite vague reasons for not passing on GST rate cut benefit to consumers

According to anti-profiteering rules, the authority will suggest to MNCs a return of the undue profit earned from not passing on the GST rate cut benefit to consumers along with an 18 percent interest as also impose a penalty.

Closing bell: Sensex finishes at record high and Nifty ends above 11,050 pts on GST rate cut boost
Business

Closing bell: Sensex finishes at record high and Nifty ends above 11,050 pts on GST rate cut boost

Trading sentiment was upbeat on Monday after the GST rate cut and after the no-confidence motion was comfortably defeated in the Lok Sabha, last Friday.

GST rate cut impact: FMCG, consumer durable stocks trade in green on anticipated sales boost ahead of festive season
Business

GST rate cut impact: FMCG, consumer durable stocks trade in green on anticipated sales boost ahead of festive season

Top gainers include Asian Paint, ITC, Bharti Airtel, NTPC, Adani Ports, Coal India, ICICI Bank, Sun Pharma, and Vedanta gaining up to 3.77 percent

Nirmala Sitharaman slams Congress over credit claim for GST rate cut, says it wants to be both 'good cop and bad cop'
Politics

Nirmala Sitharaman slams Congress over credit claim for GST rate cut, says it wants to be both 'good cop and bad cop'

Defence Minister Nirmala Sitharaman on Saturday questioned the Congress claiming credit for reduction in GST rates, asking" "Is the GST Council under them?"

GST Council meeting updates: Arun Jaitley says tax rate cut on 178 items applicable from 15 November
Business

GST Council meeting updates: Arun Jaitley says tax rate cut on 178 items applicable from 15 November

This GST Council meeting is a crucial one and many more steps are expected to be taken to ease the pain for small business men

GST Council cuts rates on 177 items in 28% bracket; govt revenue to take Rs 20,000 cr hit
Business

GST Council cuts rates on 177 items in 28% bracket; govt revenue to take Rs 20,000 cr hit

All types of chewing gum, chocolates, preparation for facial make-up, shaving and after-shave items, shampoo deodorants, washing powder detergent and granite and marble will attract lower 18 percent tax rate

GST Council meet eases rules: Steps in right direction, will help growth revival; experts decode
Business

GST Council meet eases rules: Steps in right direction, will help growth revival; experts decode

Prime Minister Narendra Modi claimed that the steps were in line with the government's constant endeavour to safeguard citizens' interests and ensure India's economy grows.