Latest News on Tax Rates
Showing of 0 - 10 from 26 results
Tax Rates - Total results - 26
Dec 22, 2018
GST Council cuts rates on 23 items, rationalises 28 percent slab; TVs, movie tickets and power banks get cheaperThe annual revenue implication of the rate cuts would be Rs 5,500 crore, Finance Minister Arun Jaitley said.
Dec 20, 2018
Govt is trying to correct botched-up implementation of GST, solution lies in single rate tax systemIndia is one of the few countries in the world with so many GST rates.
Dec 04, 2018
Panel to redraft Income Tax Act to focus on removing ambiguities, unlikely to suggest rate changesThe task force set up to redraft Income Tax law will focus on removing the ambiguities, rather than suggesting dramatic policy changes and tweaking of tax rates, the panel's convenor Akhilesh Ranjan said on Tuesday
Sep 06, 2018
GST flip flops: Over 200 tweaks in country's biggest tax reform create confusion; small businesses still struggleThe government has introduced many changes in GST which replaced more than a dozen central and state tariffs, duties and fees levied into a single tax.
Jul 25, 2018
Wipro chairman Azim Premji calls for lower tax rates, says collection is best achieved by voluntary complianceUnder the topic increasing the tax base, Premji said it was heartening that the union government has focused on widening the tax base
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 21, 2018
GST rate cut on 50 items: TV, refrigerator, washing machines to get cheaper; return filing simplifiedThe changes would come into effect across the country from 27 July onward, Finance Minister Piyush Goyal told media after the 28th meeting of the GST Council.
Jul 12, 2018
Arvind Subramanian's three principles to ease formalisation woes: It's time these suggestions are acted uponWhy should a government that pushed demonetisation allow tax officials to set the taxation agenda that affects lakhs of small enterprises?
Jul 11, 2018
GST Council may consider rate cut on items with low revenue impact on 21 Jul as part of tax rationalisation exerciseThe all powerful GST Council had, in its meeting in January 2018, decided to slash the GST rate on 54 services and 29 items.
Jul 02, 2018
GST anniversary: Indirect tax regime has led to improved efficiency, moderated retail inflation, reveals CII surveyThe survey also indicates a positive impact of GST on employment as well as on the demand for goods and services.