GST tax slabs have turn out to lower in economic class tickets, while higher in business class tickets. However, analysts feels migration to GST would be largely neutral for airline sectors. Economic ...
June GST collection stood at Rs 1.84 lakh crore. The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming GST Council meeting. According to ...
In India, health insurance for senior citizens is an essential financial product. It protects older adults from hefty medical expenses and brings peace of mind to families. Recently, the government’s ...
People travelling for business purposes on business class air tickets are now required to submit details about their companies to avail tax benefits under the GST regime. (Reuters) People travelling ...
New Delhi: Finance Minister Nirmala Sitharaman said on Wednesday that changes in the GST structure will bring relief to common people, farmers, the middle class, and small businesses (MSMEs). Under ...
For every ₹1 of GST revenue forgone, the economy expands by ₹1.08. Simply put, GST cuts generate the strongest growth impact among all tax measures. GST 2.0’s aim is to lift retail consumption.
The Centre plans to reduce GST for middle and lower-income households Consideration is being given to eliminating the 12 per cent GST slab entirely Items like toothpaste and bicycles may be ...
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