- 26 Dec 2024 05:55 PM
- New
GST on used vehicles apply differently on businesses
The GST Council last week recommended harmonizing the tax rate on used cars at 18%, which meant the rate for used small cars, including electric vehicles moved up from 12%.
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- 26 Dec 2024 06:02 PM
- New
GST on selling old cars FAQs: From impact on dealers and individuals to tax calculation—all your questions answered
GST on selling old cars FAQs: The recent hike in GST on used cars from 12% to 18% has stirred discussions about its implications for buyers and dealers. Will this increase lead to higher prices, and how will it impact the thriving used car market? Dive into the details to find out.
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- 25 Dec 2024 06:13 PM
- New
GST on popcorn decoded: How much tax will you pay for the snack in movie theatres?
GST on popcorn: Amid frequent discussions around tax treatment on different products of popcorn, here is a detailed analysis of how much tax you will have to pay while purchasing the item in movie theatres.
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- 25 Dec 2024 05:58 PM
GST on selling old cars: How does 18% tax on used vehicles affect you? Explained
The 18 per cent GST would not be applicable if an individual sells old and used car to another individual. If a GST registered person has claimed depreciation, the tax is payable only on the value representing the margin.
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- 24 Dec 2024 06:11 PM
Viral video: Instagram influencer’s humorous take on GST hike leaves netizens in splits
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.
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- 24 Dec 2024 05:56 PM
Taxing times: Used cars platforms headed for a bumpy ride on GST hike
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%.
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- 24 Dec 2024 05:59 PM
How to tax popcorn? India’s formula sparks outrage against GST system
INDIA-ECONOMY-TAX-POPCORN:How to tax popcorn? India's formula sparks outrage against GST system
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- 24 Dec 2024 06:07 PM
RBL Shoprite Credit Card: Exclusive discounts, cashback, and reward points explained
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.
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- 24 Dec 2024 06:03 PM
Tax burden on corporate sponsorships eased
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
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- 23 Dec 2024 06:07 PM
Mint Quick Edit | Don’t over-roast popcorn with GST
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?
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