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.
Replying to the general discussion on the Budget, she said the Budget is in continuity of the interim Budget and subsumes its features.
Gadkari urged the Finance Minister to "consider the suggestion of Withdrawal of GST on Life and Medical Insurance Premium on priority," particularly as it poses a significant burden on senior citizens.
Sitharaman said that Rahul Gandhi should tell what was the representation of scheduled castes and scheduled tribes in the Rajiv Gandhi Foundation and the Rajiv Gandhi Chairatable Trust.
As the Parliament is set to convene for the ongoing Budget Session on Monday, Union Finance Minister Nirmala Sitharaman will introduce the Jammu and Kashmir Appropriation Bill, 2024, in the Lok Sabha.
Leader of the Opposition Rahul Gandhi is likely to speak on the Union Budget 2024 at 2 pm in the Lower House today.
