Gst Rates

All macros favouring India, profit-making companies should pass on tax cuts to consumers: Deepak Parekh

Last Friday, the government slashed corporate tax by almost 10 percentage points as part of efforts to pull the economy out of a six-year low growth rate with a Rs 1.45-lakh crore tax break.

Govt unlikely to reduce GST rates for auto, biscuit manufacturers amid fall in revenue collection; fitment panel rejects tax cuts

Another concern of the government is that if it succumbs to the pressure of biscuit manufacturers, the sectors that face the same tax rate of 18% may also seek a GST cut

GDP data at five-year low mirrors all that is wrong in Indian economy; Narendra Modi's new govt must take note

There is a need for deep introspection and direct action to revive the economy.

DPIIT for shortening compliance time to just 1 hour per month for startups to ease regulatory requirements

At present, startups comply with a plethora of requirements such as GST filings, tax returns and other local laws every month, the official said.

Narendra Modi's second term in office: From job creation, tax rates to agrarian crisis, to-do list for next five years is ready

The Narendra Modi government should work on getting state finances in order

GST Council to consider implementation of lower tax rates for realty sector in tomorrow's meeting

The all-powerful GST Council in its 34th meeting to be held on Tuesday is expected to take up various issues including the implementation of lower GST rates for the real estate sector

Govt detects Rs 20,000-cr GST evasion during April-February FY'19; will take more steps to check frauds

The earlier GST rate on under-construction apartments and affordable housing was 12 percent and eight per cent with ITC, respectively.

GST rate cut on housing to address needs of home buyers, contribute to job creation: Confederation of Indian Industry

CII Director General Chandrajit Banerjee said GST Council has provided great relief to the sector and is a step towards hastening growth for this very important sector

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 Council meet starts today: Delhi, Kerala demand no major decision on real estate and lottery, seek deferment

The finance ministry, however, issued a media advisory stating that the 33rd GST Council meeting would be held on 20 February.