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Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul
Trending News
1 day, 12 hours ago

Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul

The Hindu  

Exhorting the Narendra Modi government to show the courage to overhaul the Goods and Services Tax regime citing the “absurdity” of three different tax slabs for popcorn under the present system, the Congress on Sunday said the current complexities in the system had thrown open several loopholes leading to tax evasion. In a long post on X, Congress General Secretary …

Tax Congress Ramesh Gst Popcorn Different Tax Slabs
Budget 2024: CII wants Modi 3.0 govt to push land, labour, agriculture reforms
6 months ago

Budget 2024: CII wants Modi 3.0 govt to push land, labour, agriculture reforms

Hindustan Times  

Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. The industry body has suggested rationalisation of rates with three slabs and inclusion of sectors like petroleum and real …

Real Estate Cent Sectors Puri Cii Three Slabs
Eye on polls: BJD govt in Odisha hikes old age pension amount by 500
10 months, 1 week ago

Eye on polls: BJD govt in Odisha hikes old age pension amount by 500

Deccan Chronicle  

Bhubaneswar: In an apparent move to impress the elderly voters in Odisha, the state government Saturday hiked the monthly financial assistance given to them under the Madhu Babu Pension scheme. Chief Minister Naveen Patnaik announced the hike by Rs 500.With this hike, a beneficiary will be entitled to receive a minimum monthly pension of Rs 1,000. After the hike, beneficiaries …

Pension Hike
Income Tax Slabs Overhauled Under New Regime, Rebate Limit Up; Check New Tax Rates
1 year, 10 months ago

Income Tax Slabs Overhauled Under New Regime, Rebate Limit Up; Check New Tax Rates

News 18  

Budget 2023: Finance minister Nirmala Sitharaman has announced changes in the new regime of personal income tax. Govt proposed to increase the income tax rebate limit from Rs 5 lakh to Rs 7 lakh in new tax regime. Resident individual with total income up to Rs 5 lakh do not pay any tax due to rebate under both old and …

Tax Income Lakh Regime Lakhs New Regime Old Regime
Will Govt Increase GST Rates Amid 8-Year High Inflation? Know in Details
2 years, 6 months ago

Will Govt Increase GST Rates Amid 8-Year High Inflation? Know in Details

News 18  

Even as there is a plan to revise GST rates on various products in the upcoming GST Council meet that is likely to take place in June, the proposed rate rationalisation may be delayed due to the prevailing high inflation, according to reports. There are 480 items under the 18 per cent slab, from which about 70 per cent of …

Inflation High Cent Gst Crore Collected
GST: Govt Plans To Reduce Slabs; Tax To Increase On Goods And Services?
2 years, 8 months ago

GST: Govt Plans To Reduce Slabs; Tax To Increase On Goods And Services?

News 18  

The government is planning to raise the goods and services tax over the next two years and reduce the number of slabs, according to an FE report quoting sources. This may help the government raise tax collections and reduce inflation which is already at a 17-month high of 6.95 per cent. Currently, the GST system has four slabs — 5 …

Crore Cent Rate Gst Goods Slabs
Income Tax Slabs May Stay Unchanged, But Govt Likely to Give More Exemptions in Union Budget 2021
3 years, 10 months ago

Income Tax Slabs May Stay Unchanged, But Govt Likely to Give More Exemptions in Union Budget 2021

News 18  

The Centre is likely to tweak the list of eligible rebates and exemptions to allow some more categories of financial savings instruments for taxpayers in the optional income tax regime introduced in the Union budget last year. This is aimed to be done through tax proposals to incentivise the new tax regime rather than any major overhaul in the income …

Tax Budget Union Income Cent Lakh Regime