Goyal said that the industries would not let the government down, as lower duties & rates would mean a pickup in demand, greater business, & the benefits of economies of scale.
The PM said the reforms, effective 22 September, are a ‘double dose’ for support & growth, & are ‘related to Matrishakti’ (motherly power), benefiting the common person.
New Delhi: In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation...
Panel suggests raising GST on EVs to 18% from 5 % for Rs 2-4 mn cars, 28% for those above Rs 4.5 mn, calling them imports for the ‘upper segment’ rather than locally made vehicles.
A lesser-known reality of the GST is that it has a total of eight tax slabs, excluding the exemptions. These start at 0.25 and go all the way up to 28 per cent.
The states ministers' panel also recommended an additional levy on high-end luxury cars and other luxury items which are proposed to be taxed at a new rate of 40%.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
COMMENTS