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Tax Rate News

Milk, AC, life insurance and others to become cheaper from Sept 22 | Details

GST on common items of daily use, such as hair oil, toilet soap bars, shampoos, toothbrushes, and toothpaste have been reduced 18% or 12% to 5%

Published 312 days ago

Removal of GST 12% and 28% slabs okayed by key panel; up to council for decision

(From right) Union finance minister Nirmala Sitharaman and MoS Pankaj Chaudhary at a meeting of the Group of Ministers (GoM) in New Delhi. Bihar FM Samrat Choudhary is the convener of the GoM.

Updated 326 days ago

GST Council hikes tax on used, old EV cars by businesses; Opposition reacts

Union finance minister Nirmala Sitharaman speaks at the 55th meeting of the GST Council in Jaisalmer on Saturday.

Updated 569 days ago

GST Council rejigs rates, defers call on insurance

Union finance minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer on Saturday. (PTI)

Updated 569 days ago

GST Council postpones decision to cut tax on life and health insurance

Revenue Secretary Sanjay Malhotra attends a GST Council meeting with Union Finance Minister Nirmala Sitharaman at Vigyan Bhawan, in New Delhi. The Appointments Committee of the Cabinet has appointed Malhotra as the the new Governor of the Reserve Bank of India (RBI) for a three-year term beginning from December 12, 2024.

Published 569 days ago

Nirmala Sitharaman on Budget 2024: ‘Want to give relief to middle class but...'

Finance minister Nirmala Sitharaman attends the proceedings of the Lok Sabha during the Monsoon Session of the Parliament, in New Delhi.

Updated 718 days ago

Indian rupee declines to record low after government raises tax on capital gains

The rupee declined to 83.69 to the dollar. (Getty Images/iStockphoto)

Published 720 days ago

Florida Mega Millions ticket scoops $1.58B jackpot, tax bite looms large

Lottery tickets for the Mega Millions jackpot which is at $1.58 billion are seen in a store on August 8, 2023 in New York.

Published 1069 days ago

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