23 Sep 2024 06:22 PM
New

Govt looks to reduce tax on marine diesel oil to boost coastal, inland shipping

Source: https://www.livemint.com/industry/marine-diesel-oil-tax-gst-tax-reduction-coastal-shipping-inland-waterways-shipping-ministry-petroleum-products-11727090224686.html

Bringing it under GST is one of the options being discussed, officials said. The goal is to reduce costs for coastal and inland shipping to help companies become more competitive and incentivise this relatively less-polluting mode of transport.

21 Sep 2024 06:19 PM
New

GST 2.0: Paving the way for India’s trade and economic growth

Source: https://economictimes.indiatimes.com/small-biz/gst/gst-2-0-paving-the-way-for-indias-trade-and-economic-growth/articleshow/113541522.cms

While GST has proved to be a transformational reform, taxpayers faced teething issues in the initial years, including compliance and interpretational difficulties.

19 Sep 2024 06:31 PM
New

Nano businesses in India need special policy attention to flourish

Source: https://www.livemint.com/opinion/online-views/nano-businesses-msmes-entrepreneurship-gst-employment-formal-credit-lending-policy-support-11726679009443.html

Are we looking at the Indian micro, small and medium enterprise (MSME) sector through the wrong lens? According to government data, there were over 63 million MSMEs in 2015, of which over 60 million were micro enterprises. Of these micro enterprises, though, how many would be ‘nano’ businesses?

18 Sep 2024 06:15 PM

PM Modi turns 74 today: From an RSS worker to third term Prime Minister – a time line of his life and rise in BJP

Source: https://www.livemint.com/politics/happy-birthday-pm-modi-from-an-rss-worker-to-third-term-prime-minister-a-time-line-of-his-rise-in-bjp-11726533967603.html

Born in Gujarat, Modi rose from a humble background to become India's longest-serving non-Congress Prime Minister. His journey is marked by significant events, including the 2002 riots and major policy initiatives like GST, CAA, and the abrogation of Article 370.

16 Sep 2024 04:42 PM

E-way bills surge to an all-time high in August

Source: https://www.livemint.com/economy/eway-bills-gst-collections-economy-auto-sales-high-frequency-indicators-economic-growth-manufacturing-11726473799609.html

The 13% year-on-year rise in e-way bill generation in August shows higher logistical activities, suggesting that industries are responding to greater domestic demand and enhanced supply chain efficiencies

16 Sep 2024 04:39 PM

Annapoorna Hotel says, ‘Want to put assumptions, misunderstanding to rest... and move on’, after viral apology video

Source: https://www.livemint.com/news/trends/annapoorna-hotel-want-to-put-assumption-misunderstanding-to-rest-move-on-video-owner-d-srinivasan-apologise-sitharaman-11726374415058.html

Tamil Nadu's Sri Annapoorna Hotel has issued a statement to clear the air after a video of owner D Srinivasan apologising to FM Nirmala Sitharaman for his comments on GST went viral.

16 Sep 2024 04:50 PM

Why Nithin Kamath-funded SundayGrids shouldn't be seen as an investment

Source: https://www.livemint.com/money/personal-finance/nithin-kamath-sundaygrids-solar-energy-rooftop-solar-panel-investment-tax-gst-11726381000080.html

Last week, Nithin Kamath tweeted about SundayGrids, a company offering solar energy access without the need for rooftop panels.

14 Sep 2024 06:08 PM

Best of the Week | A day in Muziris

Source: https://www.livemint.com/weekend/best-of-the-week-a-day-in-muziris-kochi-iphone-16-swf-gst-uae-golden-visa-11726227498865.html

New iPhone, a sovereign wealth fund for India, and booming demand for Biryani

13 Sep 2024 05:59 PM

The week in charts: Electric vehicle subsidies, oil price dip, GST relief

Source: https://www.livemint.com/news/india/ev-subsidies-oil-price-shipbuilding-fund-social-security-for-gig-workers-gst-council-meeting-india-wealth-fund-11726123852155.html

Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.

13 Sep 2024 06:01 PM

‘When fragile egos of powerful are hurt…’: Rahul Gandhi after video of restaurant owner’s apology to Sitharaman emerges

Source: https://www.livemint.com/politics/when-fragile-egos-of-powerful-are-hurt-rahul-gandhi-after-video-of-restaurant-owners-apology-to-sitharaman-emerges-11726220199829.html

The BJP drew the ire of the Opposition after its TN unit shared a video purportedly showing the owner of Annapoorna restaurant ‘apologising’ to Nirmala Sitharaman for ‘raising issues on GST.’