Search Results for: Diwali

GST reforms have reduced the tax burden on people: Nirmala Sitharaman

GST reforms have reduced the tax burden on people: Nirmala Sitharaman

"Earlier, GST had four categories. Now, we have simplified it into two slabs - 5 per cent and 18 per cent. Items that were taxed at 12 per cent and 18 per cent have largely been moved to the lower 5 per cent bracket. For certain essentials, tax has been reduced to zero. This reform will significantly benefit all 1.4 billion Indians," FM Sitharaman said. 1 day ago
GST 2.0: Here is how to check and compare savings on products, post next-generation reforms

GST 2.0: How to Check Your Savings on Products After Reforms

For comparing the prices, the customers will have to visit the 'SavingswithGST.in' portal, add the goods of their choice in the cart. After this, one can see three different rates of goods under the 'Base Price', 'Selling Price under VAT' and 'Selling Price under Next-Gen GST' categories on the cart. The customers will have an option to choose any item with a specific category. Under the category, options of food, snack, household, household electronics, kitchen and lifestyle items are given. 9 days ago
Union Finance Minister Nirmala Sitharaman

NextGen GST reform: Transformative leap for India's economic future

The NextGen GST reforms represent a bold reengineering of India's tax landscape, balancing simplicity, inclusivity, and economic competitiveness. By addressing structural inefficiencies, reducing consumer costs, and empowering businesses, they lay the groundwork for sustained growth, writes Major General Dilawar Singh. 11 days ago
'Stop bullying people in name of religion': Aly Goni trolled for not chanting 'Ganpati Bappa Morya' despite GF Jasmine's insistence; Nia Sharma comes to rescue

Aly Goni refuses to chant 'Ganpati Bappa Morya' despite GF Jasmine's insistence, trolled; Nia Sharma to rescue

Many netizens criticised Aly, questioning why he attended the puja if he was not willing to chant 'Ganpati Bappa Morya'. On the contrary, Jasmin has often been seen visiting Mecca and Medina. While some supported Aly, stating that religious and interfaith issues should not be dragged into a festival, trolling around the couple continued. Amid this, Aly and Jasmin's friend, actor Nia Sharma, slammed the trolls and came out in their support. 12 days ago
Over 150 products may see rate cut in GST Council meet this week

Over 150 products may see rate cut in GST Council meet this week

The proposals to move various items from the 12 per cent and 18 per cent GST slabs to the 5 per cent slab or to the nil GST category aim to reduce the tax burden for households and boost spending. GST council plans to overhaul the rate structure, replacing the current four-rate structure with a two-rate structure. 13 days ago
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