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Even if the September quarter earnings take a hit, analysts say the pent-up demand would lead to a solid earnings show in Q3 and Q4 as the benefits of the lower tax slabs spur consumption.
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul GST structure.
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...
Hyderabad: Deputy Chief Minister and Minister of Finance and Energy Mallu Bhatti Vikramarka emphasized that a mechanism ...
Health insurance is meant to bridge that gap, but the reality is different. Premiums for senior citizens are already steep, and an additional 18% Goods and Services Tax (GST) only makes them heavier.
Cement GST cut from 28% to 18% may reduce affordable housing prices by 2–4% and mid-segment by 2–3%, as per an analysis by Anarock ...
Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are unrealistic.
The lack of clarity on the treatment of inverted duty structure with GST exemption on health and life insurance (for individuals) has worried the insurance industry.
The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would ...
Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...