- 20 Jul 2022 05:38 PM
- New
Traders’ body pitches for withdrawal of 5% GST on unbranded foodgrains
Bengaluru: The Confederation of All India Traders (CAIT) on Wednesday wrote to chief ministers and finance ministers of all states demanding the withdrawal of the 5% goods and services tax imposed on unbranded foodgrains and other items that came into effect from Monday.
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- 19 Jul 2022 01:47 PM
- New
Now, stock exchanges, people dealing in securities to pay 18% GST on Sebi charges
Market infrastructure institutions or persons dealing in the securities market will now have to pay a GST rate of 18% on the fees and charges paid to market regulator SEBI. The new rule has come into effect from July 18 onward. The announcement on Monday follows the GST Council's recommendation to withdraw the exemption granted to services by Sebi.
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- 19 Jul 2022 01:56 PM
- New
Continued reforms helped in GST buoyancy: Nirmala Sitharaman
NEW DE;LHI : As a result of continued reforms in Goods and Services Tax (GST) undertaken by central and state governments on the recommendations of the GST Council, buoyancy in GST revenue has been achieved in the recent months, finance minister Nirmala Sitharaman informed Parliament on Monday.
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- 19 Jul 2022 02:25 PM
‘GST on unbranded food packs good move’
Source: https://www.livemint.com/industry/retail/gst-on-unbranded-food-packs-good-move-11658170178535.html
NEW DELHI : Organized players are set to benefit from the government’s move to tax unbranded, pre-packaged food products, such as rice, wheat and flour, as it creates a level playing field in the market, said a top executive at Adani Wilmar Ltd.
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- 19 Jul 2022 02:34 PM
GST and inflation protest stalls Parliament, opposition demands discussion
Opposition was seen cornering the government over GST and inflation on the second day of the monsoon session as well with Rahul Gandhi protesting at Parliament along with other Congress MPs inclduing Leader of Opposition in Rajya Sabha Mallikarjun Kharge, KC Venugopal, Adhir Ranjan Chowdhury, and Shiv Sena MP Priyanka Chaturvedi.
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- 19 Jul 2022 05:16 PM
No GST will be levied on these 14 items when sold loose: FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday released a list of items that will not attract any GST, when sold loose, and not pre-packed or pre-labeled.
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- 19 Jul 2022 05:56 PM
GST on pre-packed food items: Sitharaman says Council unanimously decided tax
New Delhi: Finance minister Nirmala Sitharaman on Tuesday defended the imposition of 5% Goods and Services Tax (GST) on food articles such as cereals, rice, flour and curd which are pre-packaged and labelled, saying it was a unanimous decision of the GST Council last month in which even non-BJP ruled states were also present.
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- 18 Jul 2022 02:04 PM
Watch for this week: Presidential polls, IT results
Source: https://www.livemint.com/science/news/watch-for-this-week-presidential-polls-11658057420154.html
Every Monday, Mint’s Plain Facts section features key data releases and events to look for in the coming week. India is set to get its 15th president this week as Ram Nath Kovind, the incumbent, soon completes his five-year tenure. Several revisions in tax rates by the Goods and Services Tax (GST) Council will come into effect this week. Consumer goods giant Hindustan Unilever Ltd (HUL) and information technology (IT) companies Wipro Ltd and Infosys Ltd will release their quarterly earnings reports.
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- 18 Jul 2022 02:19 PM
Key GST rate changes kick in from today
Source: https://www.livemint.com/elections/key-gst-rate-changes-kick-in-from-monday-11658066512198.html
NEW DELHI : Products like pre-packaged and labelled food items and services like expensive non-intensive care hospital stay are set to attract Goods and Services Tax (GST) from today while the tax outgo on certain medical supplies and transport services are set to come down as a series of decisions by the GST Council takes effect.
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- 18 Jul 2022 02:26 PM
CAIT to launch nationwide agitation demanding simplification of GST
The Confederation of All India Traders (CAIT) on Sunday said that it would launch a nationwide agitation from July 26 demanding rationalization of GST rates on grounds that it is causing an adverse impact on trade and commerce.
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