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21 Dec 2024

GST Council Postpones Decision On Tax Cut For Life, Health Insurance

GST Council 55th Meeting: The premium paid by senior citizens towards health insurance coverage has been proposed to be exempted from the tax.

25 May 2017

Mercedes to cut Made in India model prices by up to Rs 7 lakh

German luxury car maker Mercedes Benz is slashing prices of its vehicles produced in India by up to Rs 7 lakh to pass on benefits of new tax rate under GST due in July.

24 May 2017

Realtors differ over GST's impact on housing prices

Real estate bodies Naredco and Credai Wednesday gave contrasting assessments of the impact of GST on housing prices, highlighting the prevailing confusion in the sector regarding the new indirect tax regime.

Deepak Kesarkar

21 May 2017

'VAT on petroleum products to continue, to be decided by GST Council'

Maharashtra Minister Deepak Kesarkar on Sunday informed the Legislative Council that the continuation of VAT on petroleum products and alcohol will be decided by the Goods and Service Tax Council in the next five years.

21 May 2017

GST to cut inflation by 2%, create buoyancy in economy: Hasmukh Adhia

Inflation will fall by 2 percent on implementation of the goods and services tax (GST) and create buoyancy in the economy, Revenue Secretary Hasmukh Adhia has said.

18 Jul 2016

GST: Know 3 main reasons behind the logjam

The first demand of Congress includes a cap on the GST rate at 18 percent.

10 Jul 2016

Congress mulls over plan to drop its key GST demand

Congress, the main opposition party in Parliament may be planning to drop its main demand - the tax rate to be written into Constitutional amendment.

06 Oct 2015

Rational personal taxes, flat 25% corporate tax in 4 years: FM Jaitley

Rational personal taxes, flat 25% corporate tax in 4 years: FM Jaitley

23 Apr 2015

GM first-quarter profit misses estimates on South America, Russia weakness

General Motors posted a smaller-than-expected quarterly profit on Thursday on weakness in South America and Russia and a higher tax rate, sending shares down 3.5 percent.

Obamas' tax returns

11 Apr 2015

Obamas pay effective federal tax rate of nearly 20%

President Barack Obama and his wife, Michelle, paid more than USD 93,000 in federal taxes last year on an adjusted gross income of more than USD 477,000.

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