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New Tax Rates, UPI And GST: These Things Will Change Starting April 1, 2025
From changes in the tax slabs to the UPI to the launch of the Unified Pension Scheme, here's a complete list of the changes that you can expect.
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GST Rates Will Come Down Further, Says Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale".
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Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
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GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
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#HandsOffPorotta Trends As Debate On Roti vs Parotta GST Slabs Heats Up
The government's move to put parotta on a higher bracket than roti under the goods and services tax or GST has angered people on social media, who pointed out that both are similarly prepared flat breads and a staple of most Indian meals.
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Government Mulling On Reducing Tax Rates For Passenger Vehicles
SIAM and several automakers have asked for GST rates to be reduced on passenger vehicles and peg them under 18 per cent tax slab instead of 28 per cent.
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Election 2019: Rahul Gandhi Says Committed To GST 2.0 - Single Tax, Simple Filing
Congress president Rahul Gandhi Thursday said if voted to power, his party was committed to simplifying the Goods and Services Tax (GST) by introducing a single tax slab and reducing the number of tax filings from 12 to four in a financial year.
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GST Single Slab Idea "Stupid"? Congress, BJP's Topic Of Twitter Debate
An intense debate raged between senior BJP and Congress leaders after Finance Minister Arun Jaitley shot down Congress chief Rahul Gandhi's idea of a single-slab Goods and Services Tax (GST) as "stupid".
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Now PM Using Congress's "Grand Stupid Thought": Rahul Gandhi's Dig On GST
After two days of insisting that Prime Minister Narendra Modi is asleep, Congress chief Rahul Gandhi today claimed his party has managed to wake him up over the Goods and Services tax. Mr Gandhi, who once dubbed the government's flagship one tax regime "Gabbar Singh Tax" after the famous villain in Bollywood blockbuster Sholay, hit back with the Pr...
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"If Elected, We Will Give You GST, Not Gabbar Singh Tax": Rahul Gandhi
Congress President Rahul Gandhi today slammed the Goods and Services Tax as "Gabbar Singh Tax" and said that one slab GST would be implemented when the "Congress party-Government" comes to power at the Centre.
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Slabs May Reduce To 3 As GST Simplifies In Long-Term: Sanjeev Sanyal
In the long-term, Goods and Services Tax (GST) slabs may come down to three, in addition to the exempted category, Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry, today said.
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''Good And Simple Tax'' Replaced "Congress Legacy Tax": Arun Jaitley
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
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Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.
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Abolish 28% GST Slab, Says Delhi Deputy Chief Minister Manish Sisodia
Delhi Deputy Chief Minister Manish Sisodia on Friday said that the government should either completely abolish the 28 per cent tax bracket or reserve it only for "sin goods."
-
Single GST Rate Not Possible In A Country Like India: Piyush Goyal
Union Finance Minister Piyush Goyal today said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".
-
New Tax Rates, UPI And GST: These Things Will Change Starting April 1, 2025
From changes in the tax slabs to the UPI to the launch of the Unified Pension Scheme, here's a complete list of the changes that you can expect.
-
GST Rates Will Come Down Further, Says Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale".
-
Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
-
GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
-
#HandsOffPorotta Trends As Debate On Roti vs Parotta GST Slabs Heats Up
The government's move to put parotta on a higher bracket than roti under the goods and services tax or GST has angered people on social media, who pointed out that both are similarly prepared flat breads and a staple of most Indian meals.
-
Government Mulling On Reducing Tax Rates For Passenger Vehicles
SIAM and several automakers have asked for GST rates to be reduced on passenger vehicles and peg them under 18 per cent tax slab instead of 28 per cent.
-
Election 2019: Rahul Gandhi Says Committed To GST 2.0 - Single Tax, Simple Filing
Congress president Rahul Gandhi Thursday said if voted to power, his party was committed to simplifying the Goods and Services Tax (GST) by introducing a single tax slab and reducing the number of tax filings from 12 to four in a financial year.
-
GST Single Slab Idea "Stupid"? Congress, BJP's Topic Of Twitter Debate
An intense debate raged between senior BJP and Congress leaders after Finance Minister Arun Jaitley shot down Congress chief Rahul Gandhi's idea of a single-slab Goods and Services Tax (GST) as "stupid".
-
Now PM Using Congress's "Grand Stupid Thought": Rahul Gandhi's Dig On GST
After two days of insisting that Prime Minister Narendra Modi is asleep, Congress chief Rahul Gandhi today claimed his party has managed to wake him up over the Goods and Services tax. Mr Gandhi, who once dubbed the government's flagship one tax regime "Gabbar Singh Tax" after the famous villain in Bollywood blockbuster Sholay, hit back with the Pr...
-
"If Elected, We Will Give You GST, Not Gabbar Singh Tax": Rahul Gandhi
Congress President Rahul Gandhi today slammed the Goods and Services Tax as "Gabbar Singh Tax" and said that one slab GST would be implemented when the "Congress party-Government" comes to power at the Centre.
-
Slabs May Reduce To 3 As GST Simplifies In Long-Term: Sanjeev Sanyal
In the long-term, Goods and Services Tax (GST) slabs may come down to three, in addition to the exempted category, Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry, today said.
-
''Good And Simple Tax'' Replaced "Congress Legacy Tax": Arun Jaitley
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
-
Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.
-
Abolish 28% GST Slab, Says Delhi Deputy Chief Minister Manish Sisodia
Delhi Deputy Chief Minister Manish Sisodia on Friday said that the government should either completely abolish the 28 per cent tax bracket or reserve it only for "sin goods."
-
Single GST Rate Not Possible In A Country Like India: Piyush Goyal
Union Finance Minister Piyush Goyal today said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".
