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Goods and services tax

Love to eat out? Be ready to pay GST at THIS rate as new regulations take effect | Mint
  • Personal Finance

Love to eat out? Be ready to pay GST at THIS rate as new regulations take effect | Mint

TheSpuzz Desk2 months ago04 mins

Source: Live Mint Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent based on where the restaurant is located and whether it is…

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Credit Cards: Can banks levy GST on interest component of personal loan EMIs? | Mint
  • Personal Finance

Credit Cards: Can banks levy GST on interest component of personal loan EMIs? | Mint

TheSpuzz Desk8 months ago04 mins

Source: Live Mint If you want to raise an instant loan to meet immediate financial need which could range from a medical emergency to paying for a vacation, make sure that you get the best deal possible. One of the key factors to consider is that the interest on personal loan does not carry any GST on…

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Design architecture for B2C e-invoicing for retailers ready: GSTN CEO
  • Finance

Design architecture for B2C e-invoicing for retailers ready: GSTN CEO

TheSpuzz Desk8 months ago03 mins

Source: Business Standard GST | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 11:26 PM IST The design architecture for implementing GST e-invoicing for retailers is mostly ready and being vetted by industry experts, GST Network CEO Manish Kumar Sinha said on Tuesday. E-invoicing is already present in the…

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GoM on GST rate rationalisation to discuss slab, rate tweaks on Sep 25
  • Finance

GoM on GST rate rationalisation to discuss slab, rate tweaks on Sep 25

TheSpuzz Desk8 months ago04 mins

Source: Business Standard GST | (Photo: Shutterstock) 2 min read Last Updated : Sep 22 2024 | 4:33 PM IST The ministerial panel on GST rate rationalisation will meet on September 25 and is expected to discuss tweaking of tax slabs and rates. “The meeting of the GoM on rate rationalisation is scheduled…

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GoM on GST rate rationalisation to discuss slab, rate tweaks on Sep 25
  • Finance

GST Council forms GoM to review tax rate on insurance; report by Oct 30

TheSpuzz Desk8 months ago04 mins

Source: Business Standard GST | (Photo: Shutterstock) 2 min read Last Updated : Sep 15 2024 | 7:55 PM IST The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life insurance products and submit its report by October 30. Bihar…

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MoS Finance likely to be convenor of GoM on GST compensation cess
  • Finance

MoS Finance likely to be convenor of GoM on GST compensation cess

TheSpuzz Desk9 months ago06 mins

Source: Business Standard 4 min read Last Updated : Sep 15 2024 | 11:28 AM IST The Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj Chaudhary and include members from states, an official has said. The official…

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GST indecision pressure insurance stocks; HDFC Life, SBI Life shed up to 4%
  • Finance

GST indecision pressure insurance stocks; HDFC Life, SBI Life shed up to 4%

TheSpuzz Desk9 months ago04 mins

Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 4:26 PM IST Shares of insurance companies, including life and general insurance forms, were trading weak on profit booking, falling by up to 4 per cent on the BSE in Tuesday’s intra-day trade in an otherwise firm market. HDFC Life Insurance…

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GST Council to deliberate on taxation of insurance premium, online gaming
  • Finance

GST Council to deliberate on taxation of insurance premium, online gaming

TheSpuzz Desk9 months ago08 mins

Source: Business Standard Finance Minister Nirmala Sitharaman in her reply to discussion on the Finance Bill had said 75 per cent of the GST collected goes to states and opposition members should ask their state finance ministers to bring the proposal at the GST Council (Representational Picture) 4 min read Last Updated : Sep 08…

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London stocks tick higher after mixed earnings
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