Explainer: All you need to know about the GST on EVs
During the 55th GST Council meeting press conference on Saturday, the panel approved an increase in the GST rate on used EVs sold by businesses to 18 per cent from 12 per cent earlier.
During the 55th GST Council meeting press conference on Saturday, the panel approved an increase in the GST rate on used EVs sold by businesses to 18 per cent from 12 per cent earlier.
Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent, exempted life-saving gene therapy from tax, and extended the GST exemption for parts used in manufacturing (SAM).
The Finance Minister informed the Lok Sabha that the Enforcement Directorate (ED) has been successful in recovering assets from several high-profile economic offenders.
Highlighting that 'India's Constitution has stood the test of time', the Union Finance Minister Nirmala Sitharaman Monday slammed the Congress for brazenly amending the Constitution from time to time to help the family and dynasty.
Lashing out at Leader of Opposition Rahul Gandhi over his remarks on state-run banks, Union Finance Minister Nirmala Sitharaman on Thursday said he has a penchant for making baseless statements.
Nirmala Sitharaman, who is a two-time Union minister, has been included in Prime Minister Narendra Modi's cabinet in his third consecutive term, creating a record of sorts for a woman minister
Finance Minister Nirmala Sitharaman said on Friday that India’s GDP data showcases robust economic growth, which is the highest among the major economies of the world.
She criticised the earlier Congress government at the Centre for ignoring corporate distress and said that the corporate distress proceedings were governed by a patchwork of legislations, which worsened rather than resolving issues
She highlighted the key move of Modi government on the Union Budget removing the separate presentation of the Railway Budget.
Speaking at the CII Annual Business Summit 2024 in New Delhi, the Finance Minister highlighted the importance of manufacturing alongside services and underscored the need for increased investment and governmental backing to strengthen this sector.