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.
Chief Minister Vishnu Deo Sai expressed his deep appreciation to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for their support in sanctioning the funds.
Union Finance Minister Nirmala Sitharaman on Friday said India would achieve near doubling of per capita income in the next five years.
The projects include the Pasighat-Ledum-Tene Road, flood protection work at Upper Deobil, a general hospital in Khonsa, Cluster MIPs at Gensi, and a district hospital in Changlang.
The development is in pursuance of the announcement in the Union Budget 2024-25.
A viral video, in which a popular hotelier of Tamil Nadu apologises to Union Finance Minister Nirmala Sitharaman for raising the issue of rationalising Goods and Services Tax (GST) before her at a business forum in Coimbatore