The 55th GST Council meeting unveiled several important decisions that will have a lasting impact across various sectors, from healthcare and finance to the automobile industry. While some changes, such as the increase in GST for used EVs and the…
Read More
When popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of a sugar confectionary, and would therefore be classifiable under HS 1704 90 90 and attract an 18 per cent GST, as per the clarification.
Read More
The GST council met on Saturday. It decided to not tax gift vouchers. Used cars purchased by businesses will face an 18% tax. This includes electric vehicles. The tax on fortified rice kernels is reduced to 5%. A decision on…
Read More
Representing Maharashtra in the pre-Union Budget meeting held in Jaisalmer, Minister Aditi Tatkare on Saturday assured that Maharashtra would play a pivotal role in India’s journey towards becoming a $5 trillion economy.
Read More
The regulatory authority has levied financial disincentives of Rs 33,31,000/-, Rs 5,93,000/-, Rs 8,14,000/-, and Rs 6,82,000/- for the quarters ending March 2023, June 2023, September 2023, and December 2023, respectively.
Read More
India secures a USD 350 million loan from the Asian Development Bank (ADB) to bolster its logistics sector. This funding, part of the Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program, will support policy reforms aimed at enhancing efficiency, attracting…
Read More