Affordable housing: Why are builders enjoying 100% income tax holiday and not passing on benefits to home-buyers?
Muralidharan • 6 years agoBudget 2019 has given one more year to builders to seek approval from competent authority for their housing projects
Will consider legal options against GST anti-profiteering authority order: Hindustan Unilever
• 6 years agoFMCG major Hindustan Unilever (HUL) on Wednesday said it is considering "legal options" after GST anti-profiteering authority found it guilty of not passing on rate cut benefits to consumers.
GST NAA finds McDonald's franchisee Hardcastle Restaurants guilty of profiteering Rs 7.49 cr
• 6 years agoHardcastle Restaurants was operating quick service restaurants under the brand name McDonald's in the Western and Southern regions of India.
DGAP finds Nestle India profiteered Rs 100 cr by not passing on GST rate cut benefit to consumers
• 7 years agoNestle India manufactures most popular instant noodles brand Maggi, coffee brand Nescafe, chocolates like Kitkat, Munch, Milkybar; apart from milk products, and tomato ketchups.
National Anti-Profiteering Authority asks Gurugram-based Pyramid Infratech to refund Rs 8.22 cr of GST to home buyers
• 7 years agoIn a big relief to the home buyers, the National Anti-Profiteering Authority (NAA) has ordered Gurugram-based Pyramid Infratech to refund over Rs 8.22 crore to 2,476 flat owners as it had failed to pass on the benefit of GST reduction to them
National Anti-profiteering Authority starts consumer helpline to file GST related complaints
• 7 years agoConsumers can file a profiteering complaint on the NAA website along with pre and post GST rate cut MRP of the goods or services purchased.
BN Sharma appointed chairman of National Anti-Profiteering Authority under GST regime
Ians • 7 years agoSenior IAS officer Badri Narain Sharma was appointed the chairman of the newly constituted National Anti-Profiteering Authority (NAA) under the GST regime, an official statement said
GST pricing diktat: Didn't govt indulge in profiteering too by not cutting petroleum prices?
Muralidharan • 7 years agoThe charge of profiteering will not stick unless the government promulgates a price control order across the board for all commodities and services which is well nigh impossible
Moody's India upgrade after 13 years will strengthen our resolve for fiscal discipline: Arun Jaitley
• 7 years agoOn Moody's upgrading India to Baa2 from Baa3, Jaitley said it is a recognition that India continues to follow path of fiscal prudence
GST anti-profiteering authority gets Cabinet nod: It is real now and so are the fears of harassment
Seetha • 7 years agoThe multi-slab design of GST in India complicated the anti-profiteering mechanism unlike other countries which had such a mechanism in place