Viral video: Instagram influencer’s humorous take on GST hike leaves netizens in splits
  • 24 Dec 2024 06:11 PM
  • New

Viral video: Instagram influencer’s humorous take on GST hike leaves netizens in splits

Source: https://www.livemint.com/news/trends/viral-video-instagram-influencers-humorous-take-on-gst-hike-leaves-netizens-in-splits-11735027706022.html

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 More
Tax burden on corporate sponsorships eased
  • 24 Dec 2024 06:03 PM
  • New

Tax burden on corporate sponsorships eased

Source: https://www.livemint.com/politics/policy/gst-tax-burden-corporate-sponsorships-rule-gst-council-sports-event-indirect-tax-11734959321979.html

The 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 More
Taxing times: Used cars platforms headed for a bumpy ride on GST hike
  • 24 Dec 2024 05:56 PM

Taxing times: Used cars platforms headed for a bumpy ride on GST hike

Source: https://www.livemint.com/companies/start-ups/gst-council-used-cars-platforms-gst-hike-12-to-18-small-cars-evs-11734945771928.html

The 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 More
RBL Shoprite Credit Card: Exclusive discounts, cashback, and reward points explained
  • 24 Dec 2024 06:07 PM

RBL Shoprite Credit Card: Exclusive discounts, cashback, and reward points explained

Source: https://www.livemint.com/money/personal-finance/rbl-shoprite-credit-card-exclusive-discounts-cashback-and-reward-points-explained-11735027616458.html

The 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 More
GST Council decisions likely to impact market; auto, insurance stocks to be in focus today, December 23
  • 23 Dec 2024 06:02 PM

GST Council decisions likely to impact market; auto, insurance stocks to be in focus today, December 23

Source: https://www.livemint.com/market/stock-market-news/gst-council-decisions-likely-to-impact-market-auto-insurance-stocks-to-be-in-focus-today-december-23-11734860379453.html

Union 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 More
Mint Quick Edit | Don’t over-roast popcorn with GST
  • 23 Dec 2024 06:07 PM

Mint Quick Edit | Don’t over-roast popcorn with GST

Source: https://www.livemint.com/opinion/quick-edit/mint-quick-edit-don-t-over-roast-popcorn-with-gst-council-simplicity-complexity-taxes-oil-atf-health-insurance-premium-11734683351135.html

Three 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 More
Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, US inflation to GST Council meet
  • 23 Dec 2024 06:15 PM

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, US inflation to GST Council meet

Source: https://www.livemint.com/market/stock-market-news/indian-stock-market-10-key-things-that-changed-for-market-over-weekend-gift-nifty-us-inflation-to-gst-council-meet-11734891583821.html

Indian 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 More
GST Council defers decision on lowering tax on health, life insurance premiums
  • 21 Dec 2024 06:45 PM

GST Council defers decision on lowering tax on health, life insurance premiums

Source: https://www.livemint.com/economy/gst-council-defers-decision-on-tax-cuts-for-health-life-insurance-policies-11734767756275.html

GST Council's move enables state finance ministers and officials from the central and state governments to deliberate on these further.

Read More
GST Council 55th Meeting in Jaisalmer: FM Nirmala Sitharaman to discuss potential revisions in insurance, aviation taxes
  • 21 Dec 2024 06:41 PM

GST Council 55th Meeting in Jaisalmer: FM Nirmala Sitharaman to discuss potential revisions in insurance, aviation taxes

Source: https://www.livemint.com/economy/gst-council-55th-meeting-in-jaisalmer-fm-nirmala-sitharaman-to-discuss-potential-revisions-in-insurance-and-aviation-ta-11734751189139.html

The 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.

Read More