Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com ......
Finance Minister Nirmala Sitharaman chaired the 48th meeting of the Goods and Services Tax Council in New Delhi on Saturday. The FM then flew to Chennai on Sunday to inaugurate Nandavanam, the......
India's GDP shrank by a shocking 23.9 per cent in the April-June quarter as the coronavirus and extended lockdown battered an already slowing economy. On August 27, after chairing a Goods and......
At the end of the five hour-long meeting of the Goods and Services Tax Council on August 27, Finance Minister Nirmala Sitharaman declared, 'This year we are facing an extraordinary situation... We......
The presence of Goa Chief Minister Manohar Parrikar in the Rajya Sabha on Friday evoked sharp reactions from Congress members who raised slogans against him and even trooped into Well of House in......
'Rates go up, revenues go up, and the need for compensation diminishes.' Illustration: Dominic Xavier/Rediff.com The Goods and Services Tax Council has turned into a "rate cutting panel",......
Finance minister P Chidambaram will soon delve into the Parthasarathy Shome report on introducing a proposed goods and service tax from April 1, 2010."I have the report on my table and I will apply......
As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street. IMAGE: The Appointments......
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the......
The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds. Illustration: Dominic Xavier/Rediff.com......
IMAGE: Ahmedabad, Lucknow, Indore, Cuttack, Guwahati and Dharamsala are the cities available for bidding for the two new IPL teams. Photograph: BCCI The bidding for the two new Indian Premier......