Articles for Rate

Caramel Popcorn Contains Added Sugar, Tax Rate Will Be Higher Than Namkeen, Clarifies GST Council
7 hours, 9 minutes ago

Caramel Popcorn Contains Added Sugar, Tax Rate Will Be Higher Than Namkeen, Clarifies GST Council

Live Law  

The GST Council in its 55th Meeting chaired by Finance Minister Nirmala Sitharaman announced significant changes to the GST regime. Caramelised popcorn comes with added sugar therefore the tax rate for such a popcorn will be different from the Namkeen. It was further clarified that whether it is carbonated drink or juice with added sugar attracts a different tax rate. …

Tax Rate Gst Popcorn Tax Rate Namkeen
Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head
9 hours, 55 minutes ago

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head

Live Law  

The Jharkhand High Court has slashed the interest rate on compensation awarded to the family of a 50-year-old barber who was struck by a mini-bus, ruling that the 12% annual interest granted by the Motor Accident Claims Tribunal, Dumka, was excessive. Justice Subhash Chand, presiding over the case, reduced the interest rate to 7.5%, stating, “The impugned Award passed by …

Insurance Compensation Court Interest Company Tribunal High
Hyderabad’s crime rate up by 40 per cent in 2024, says annual report
14 hours, 31 minutes ago

Hyderabad’s crime rate up by 40 per cent in 2024, says annual report

New Indian Express  

HYDERABAD: Hyderabad Police Commissioner C V Anand said that the crime rate in the city witnessed more than 40% increase in overall crimes in 2024 compared to the previous year. The CP on Sunday released the ‘Hyderabad City Police Annual report- 2024’ at ICCC, here. C V Anand attributed the increase in crime rate in the city to an increase …

City 2024 Last Year Cases Registered Crime Rate
Next-gen AirPods Pro could sport health features like heart rate and temperature monitoring
14 hours, 31 minutes ago

Next-gen AirPods Pro could sport health features like heart rate and temperature monitoring

India Today  

For the past few years, Apple has been dedicatedly working to install health features into iPhones and its wearables. According to a Bloomberg report, Apple is working to add heart rate monitoring and temperature sensing for the next-gen AirPods Pro. Apple's next AirPods Pro may come with these health features After the Apple Watch, the company is reportedly working on …

Health Features Apple Heart Hearing Aid Rate Pro
Tax hike on used small car sales: Is the 'margin between original and resale price' calculation justified?
14 hours, 31 minutes ago

Tax hike on used small car sales: Is the 'margin between original and resale price' calculation justified?

New Indian Express  

The GST Council has approved a hike in the tax rate on used small cars, including electric vehicles, from 12 percent to 18 percent. Additionally, the revised tax rate applies only to registered dealers and individuals, but a significant portion of the used car market operates through unorganised or unregistered sellers. However, the GST hike may impact registered dealers, as …

Market Cars Price Small Cars Rate Gst Tax Hike
Sanjaya Baru | Budget 2025: Taking India’s economy from good to great
19 hours, 28 minutes ago

Sanjaya Baru | Budget 2025: Taking India’s economy from good to great

Deccan Chronicle  

Even as most taxpayers will be busy this coming week making plans for the year-end and the New Year, Union finance minister Nirmala Sitharaman and her colleagues will be pouring over numbers and cogitating over ideas finalising the Budget statement and speech scheduled for February 1. National accounts data for the past decade reveal that total private final consumption expenditure, …

Finance India Economy Growth Budget Speech Minister
GST’s popcorn moment leaves everyone with bitter aftertaste
Top News
1 day, 14 hours ago

GST’s popcorn moment leaves everyone with bitter aftertaste

New Indian Express  

The 55th GST Council meeting ended without any significant announcements. While it is true that with every passing year, the GST—once hailed as a good and simple tax—is becoming more complex, one cannot deny that tax rules, beyond a point, cannot be simple, howsoever hard one may try. The issue of the tax rate of Malabar parotta is yet to …

Tax Gst Tax Rules
U.S. consumer spending rises in November; monthly inflation subsides
1 day, 21 hours ago

U.S. consumer spending rises in November; monthly inflation subsides

The Hindu  

U.S. consumer spending increased in November, underscoring the economy's enduring strength, which prompted the Federal Reserve this week to project fewer interest rate cuts in 2025 than it had three months ago. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.4% last month after a downwardly revised 0.3% gain in October, the Commerce Department's Bureau …

Consumer Inflation Spending Consumer Spending Fed Quarter Rate
Max George gives update from his hospital bed after his veins collapse during terrifying 2.5 hour emergency heart surgery
1 day, 22 hours ago

Max George gives update from his hospital bed after his veins collapse during terrifying 2.5 hour emergency heart surgery

Daily Mail  

Max George has revealed he's had a pacemaker fitted after undergoing emergency heart surgery, which lasted 2.5 hours. Max George has revealed he's had a pacemaker fitted during terrifying 2.5 hour emergency heart surgery The Wanted star, 36, who has been in hospital for a week suffering from a 2:1 atrioventricular block and is awaiting a pacemaker, shared a picture …

Surgery Heart Hospital Instagram His Mother Max Shared
Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments
Trending News
2 days, 6 hours ago

Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments

ABP News  

The Supreme Court on Friday set aside an order from the National Consumer Disputes Redressal Commission regarding interest rates on late credit card bill payments. The court ruled that interest rates will not be capped at 30 per cent per annum for late bill payments related to credit cards. Notably, the NCDRC earlier in 2008 ruled that levying more than …

Credit Interest Rates Card Rate Rbi Ncdrc Court Sets
GST Council meets to decide on lower taxes on insurance policies, ATF inclusion
Trending News
2 days, 6 hours ago

GST Council meets to decide on lower taxes on insurance policies, ATF inclusion

Deccan Chronicle  

Jaisalmer: The 55th GST Council meeting which is expected to decide on reducing the tax rate on health and life insurance, besides considering rate rejigs on 148 items began here on Saturday. However, 18 per cent GST will continue on premiums paid for policies with health insurance cover of over Rs 5 lakh. The four-tier tax slab of 5, 12, …

Insurance Tax Council Cent Rate Gst 5 Per Cent
GST Council postpones decision to cut tax on insurance, rate panel defers report submission
Top News
2 days, 7 hours ago

GST Council postpones decision to cut tax on insurance, rate panel defers report submission

The Hindu  

A GST Council meeting on Saturday postponed a decision on reducing taxes on health and life insurance, while the much talked-about GoM recommendation of rate rejig in 148 items was not tabled before the Council. “We will submit the GoM report on rate rationalisation in next meeting of Council,” said Mr. Chaudhary who is the convenor of the panel. The …

Insurance Tax Council Report Rate Gst Proposed
Low Dutch corporate tax rate should be scrapped, fails to help small businesses
2 days, 14 hours ago

Low Dutch corporate tax rate should be scrapped, fails to help small businesses

NL Times  

The low corporate income tax rate is not suitable to support small and medium-sized enterprises and it would be better if it is abolished, said the Netherlands Bureau for Economic Policy Analysis after conducting research. "Of the 3 billion euros in tax benefits that the low corporate income tax rate yields this year, more than half will end up with …

Corporate Tax Companies Low Cpb
2024 Major League Baseball Luxury Tax Payrolls List
2 days, 15 hours ago

2024 Major League Baseball Luxury Tax Payrolls List

Associated Press  

Final 2024 payrolls for the 30 major league teams for purposes of the luxury tax, as defined by baseball’s collective bargaining agreement and sent to clubs by the commissioner’s office. The Los Angeles Dodgers, New York Mets, New York Yankees and Philadelphia exceeded the threshold for the third consecutive season and pay at a 50% rate on the amount over …

Tax Pay Chicago Philadelphia Million Rate 257
World Series champion Dodgers top MLB luxury tax at $103 million as record 9 teams owe penalty
Trending News
2 days, 15 hours ago

World Series champion Dodgers top MLB luxury tax at $103 million as record 9 teams owe penalty

Associated Press  

NEW YORK — The Los Angeles Dodgers topped a record nine teams owing Major League Baseball’s luxury tax this year with an unprecedented $103 million penalty, and the $97.1 million bill for the New York Mets raises their tax total under high-spending owner Steve Cohen to nearly $229 million. The Dodgers’ tax payroll of $353 million included $1,032,454 in non-cash …

Tax Pay Teams Million Yankees Dodgers Last Year
Bears Color Market Red Ahead of Christmas
2 days, 23 hours ago

Bears Color Market Red Ahead of Christmas

Deccan Chronicle  

Mumbai: The Indian stock market witnessed a sharp decline on Friday with the BSE Sensex plummeting 1,176 points or 1.49 per cent to close at 78,041.59 while the NSE Nifty dropped 364.20 points or 1.52 per cent to end at 23,587.5 as market sentiment remained cautious after the US Federal Reserve projected fewer rate cuts next year prompting foreign investors …

Indian Investors Cent Bse Rate Color Market
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
3 days ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Associated Press  

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known …

Inflation Index Price Month Fed Rate Cut
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
3 days, 3 hours ago

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending

Associated Press  

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine. The central bank held open the possibility of an increase at its next meeting and said inflation was expected to fall to an annual 4% next year from its current 9.5%. …

Europe Russia Inflation Bank Central Putin Russian
Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade
3 days, 8 hours ago

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade

Deccan Chronicle  

Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. The Dollar Index is expected to remain elevated, with resistance near the 110 level in the near term amid a reduced likelihood of significant Fed rate cuts in 2025. On Thursday, the rupee depreciated …

Rupee Dollar Us Dollar 6 Paise Low Gains
34 Air Force accidents in 5 years, 19 due to human error: Parliamentary panel
3 days, 14 hours ago

34 Air Force accidents in 5 years, 19 due to human error: Parliamentary panel

India Today  

The Standing Committee on Defence, in its latest report, disclosed that the Indian Air Force recorded 34 aircraft accidents during the 13th Defence Plan period. YEARLY BREAKDOWN OF ACCIDENT The report provides a year-wise distribution of accidents: 2017–18: 8 accidents 2018–19: 11 accidents 2019–20: 3 accidents 2020–21: 3 accidents 2021–22: 9 accidents The spike in accidents during 2018–19 and again …

Accidents Human Error Air Report Technical Defects
China's loan prime rates remain unchanged
3 days, 14 hours ago

China's loan prime rates remain unchanged

China Daily  

BEIJING -- China's one-year loan prime rate, a market-based benchmark lending rate, came in at 3.1 percent Friday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.6 percent, according to the National Interbank Funding Center. Analysts believe the lower lending rate will help relieve …

China Lpr Rates Remain
Explained: Why Sensex fell 4,000 points in 5 trading sessions
3 days, 14 hours ago

Explained: Why Sensex fell 4,000 points in 5 trading sessions

India Today  

Indian equities extended their sharp decline this week, with the Sensex and Nifty witnessing their steepest weekly drop in two and a half years. The BSE Sensex plummeted over 4,000 points across five consecutive sessions, while the NSE Nifty50 fell approximately 1,200 points, representing a nearly 5% loss within the week. The ongoing selloff has been fuelled by several factors, …

India Market Indian Nifty Fed Points Sensex
Fed lowers rates but sees fewer cuts ahead
Top News
3 days, 14 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed Rate
Fed lowers rates but sees fewer cuts ahead
Trending News
3 days, 14 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed Rate