Finance - general
GST to bring down prices of smartphones and medical devices
23 May 2017
The present total tax incidence on smart phones works out to more than 13.5 per cent against 12 per cent proposed in GST, while medical devices will see a lower tax burden with 12 per cent GST rate against the current incidence of over 13 per cent
GST Council finalises tax rates for services
19 May 2017
Education and healthcare will be fully exempt from GST, while a 5 per cent tax will be levied on services like cab aggregators, 18 per cent tax on telecom and financial services and 28 per cent rate on services like race clubs, betting and cinema halls
GST to make essentials cheaper; luxury items to attract 28% tax
19 May 2017
With no tax on essentials such as cereals, foodgrains, milk and jaggery, 5 per cent tax on items like sugar, tea, coffee, edible oil and coal and a maximum 18 per cent levy on hair oil, toothpaste and soap, GST is expected to push down prices and inflation
An overview of GST
26 Apr 2017
GST to have twin rate structure for services
26 Apr 2017
Revenue secretary Hasmukh Adhia has dismissed fears that GST implementation will lead to a spurt in inflation as, unlike other countries with a single point tax system, in India there are multiple points of taxation
GAAR is here, govt unlikely to delay it further
22 Apr 2017
The taxes will be imposed at 50 per cent of the domestic rate of capital gains tax on foreign investments made from 1 April 2017 until 31 March 2019, and at full rate thereafter
GAAR is here, govt unlikely to delay it further
22 Apr 2017
The taxes will be imposed at 50 per cent of the domestic rate of capital gains tax on foreign investments made from 1 April 2017 until 31 March 2019, and at full rate thereafter
I-T Dept serves fresh notice on Cairn for recovery of Rs10,247-cr dues
10 Apr 2017
The tax demand was raised on the basis of a retrospective amendment made to the income tax act in 2012
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