Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
States ask for higher borrowing ceiling, interest-free loans
The New Indian Express Vellore
|December 21, 2024
THE GST Council is likely to announce changes in tax rates on several goods and services in its 55th meeting on Saturday.
THE GST Council in its 55th meeting on Saturday is likely to announce changes in tax rates on several goods and services.
As per sources, the fitment panel of the Council has decided to levy 18% GST on all kinds of used cars. Currently, used petrol cars up to 1200 cc and diesel cars up to 1500 cc are taxed at 12%, those above these specifications are taxed at 18%.
The Council is likely to agree with the fitment panel's recommendation and raise GST rate to 18% uniformly to all used cars including the EVs.
The sources said the GoM on insurance would submit its report to the Council on Saturday, but it is not clear if any decision on the same would be taken during the meeting in Jaisalmer. The GoM has recommended complete waiver of GST on insurance premium for health insurance with ₹5 lakh cover.
The Council may give its nod to exempt gene therapy from GST.
Esta historia es de la edición December 21, 2024 de The New Indian Express Vellore.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Vellore
The New Indian Express Vellore
Laptops given to final-year students only for votes: AIADMK
THE Assembly on Friday witnessed a heated debate over rising prices of essential commodities and the delayed distribution of laptops to students during the discussion on the motion thanking the governor’s address.
1 min
January 24, 2026
The New Indian Express Vellore
Wife can't claim maintenance if her acts render husband incapable: HC
THE Allahabad High Court has held that if a wife’s actions or omissions contribute to her husband’s incapacity to earn, she cannot claim maintenance from him.
1 min
January 24, 2026
The New Indian Express Vellore
BUDGET MUST EXPEDITE PROJECT EXECUTION
AS we approach the Union Budget 2026, the conversation naturally turns to the significant numbers expected for national development.
2 mins
January 24, 2026
The New Indian Express Vellore
Watch your weight! Obese on much higher risk of dementia, says study
PEOPLE with obesity and high blood pressure may face a higher risk of dementia, according to anew study.
1 mins
January 24, 2026
The New Indian Express Vellore
'Namaste' from humanoid robot to greet passengers at Visakhapatnam station
A ripple of surprise will soon move through Visakhapatnam Railway Station when a humanoid figure raises its palms in a Namaste and scans the crowd with calm precision.
1 min
January 24, 2026
The New Indian Express Vellore
Govt approves 5 companies in fourth round of PLI scheme for white goods
THE government has approved five applicants with a committed investment of 863 crore in the fourth round of the production-linked incentive (PLI) scheme for white goods.
1 min
January 24, 2026
The New Indian Express Vellore
Basant Panchami prayers, namaz at Bhojshala peaceful
THE rare but sensitive coincidence of Basant Panchami falling on Friday, passed off peacefully in the communally sensitive Dhar town of Madhya Pradesh.
1 min
January 24, 2026
The New Indian Express Vellore
NIA to probe Meitei man's killing case
THE Manipur government has handed over the case of the killing of a Meitei man, May-anglambam Rishikanta Singh (31), to the National Investigation Agency (NIA).
1 min
January 24, 2026
The New Indian Express Vellore
Bill to create spl bodies to develop historic spots
TOURISM Minister R Rajendran on Friday introduced the Tamil Nadu Special Area Development Authorities Bill, 2026, in the Assembly, aimed at providing focused attention to regions of historical, ecological, archaeological, and tourism significance.
1 mins
January 24, 2026
The New Indian Express Vellore
ARCTIC THAW, ALPINE MELTDOWN
HO could have expected that news of the end of the world would be broadcast not from the UN General Assembly or a parliament, but from a talk-shop run by an NGO set up by an engineer?
3 mins
January 24, 2026
Listen
Translate
Change font size