In a witty take on India's revised GST slabs, Instagram influencer Radha mocks the tax system with humor and satire. Her viral video, portraying Finance Minister Nirmala Sitharaman, highlights the absurdity of potential taxes, leaving viewers amused and questioning the limits of taxation.
Read MoreINDIA-ECONOMY-TAX-POPCORN:How to tax popcorn? India's formula sparks outrage against GST system
Read MoreThe Council’s decision to shift the onus of remitting tax on sponsorship deals from the donor is set to enable the latter to lower its overall tax liability
Read MoreThe Goods and Services Tax Council on Saturday decided to increase taxes on the margins of the supplier on sale of small used cars, including EVs, from 12% to 18%.
Read MoreThe RBL Shoprite credit card, designed for avid shoppers, offers discounts, cashback on fuel, and a welcome bonus. With an annual fee of Rs. 500 plus GST, users can waive this by spending over Rs. 1.5 lakh annually, making it ideal for saving on daily essentials.
Read MoreUnion Finance Minister Nirmala Sitharaman announced a GST rate hike for second-hand automobiles, including electric vehicles, and deferred the decision on rate cuts on insurance premiums. As the stock market opens on Monday, December 23, insurance and auto stocks will remain in focus.
Read MoreThree different tax rates on popcorn grabbed public attention after Saturday’s GST Council meeting. Why is an indirect tax trying to do what direct taxation is meant for?
Read MoreIndian stock market: Gift Nifty was trading around 23,790 level, a premium of nearly 165 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.
Read MoreGST Council's move enables state finance ministers and officials from the central and state governments to deliberate on these further.
Read MoreThe inclusion of ATF under GST, if approved, could bring uniformity in taxation across states and allow airlines to claim input tax credit (ITC) on fuel purchases—addressing a long-standing demand from the aviation sector.
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