Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

Luxury cess may fold into GST, 12% slab likely to go

Hindustan Times Noida

|

June 25, 2025

After eight years of piggybacking on India's goods and services tax (GST), the compensation cess levied on sin goods and luxury items may be finally integrated into GST levied on these items.

- Gireesh Chandra Prasad

NEW DELHI:

According to two people familiar with discussions in the GST Council, the Union finance ministry is willing to integrate the cess on items like cars, tobacco and aerated drinks into their GST rates. The cess, levied on top of the GST rate, was originally intended to compensate states for potential revenue loss due to the transition to GST. In 2022, it was extended till March 2026 to repay central loans taken to support states during the pandemic.

"The central government backs the integration of the compensation cess into the GST rate structure, which will help boost states' revenue receipts," said the person quoted above.

Collection of the cess, which is expected to fetch ₹1.67 lakh crore this year, ends in March.

PLUS D'HISTOIRES DE Hindustan Times Noida

Hindustan Times Noida

Sardar was the executive arm of the Gandhian fabric of power

It is difficult for me to write about the Sardar. Of the leading men with whom I have come into close contact, he has been nearest to me. I admire his extraordinary gifts, I cherish a deep affection for this man whom most men fear.

time to read

3 mins

October 31, 2025

Hindustan Times Noida

Delhi supports Kabul as talks with Pak stall

AMID STALEMATE, PAKISTAN GOVT HAS ACCUSED AFGHANISTAN OF ACTING AT INDIA’S BEHEST

time to read

1 mins

October 31, 2025

Hindustan Times Noida

Hindustan Times Noida

Riddhima Kapoor Sahni refutes trolling claims after charity post for Sudhir Dalvi

Reality TV personality and jewellery designer Riddhima Kapoor Sahni recently made a donation towards veteran actor Sudhir Dalvi's medical treatment and found herself facing an insensitive comment online.

time to read

1 min

October 31, 2025

Hindustan Times Noida

Remembering 1984: A year of trauma, tragedy

Tombola is a fun game. Easy to organise, it caters to birthday parties and other occasions of social conviviality in countless homes, clubs and cantonments across the country.

time to read

3 mins

October 31, 2025

Hindustan Times Noida

Govt: AI to be taught in school from class 3

The Union education ministry on Thursday announced that Artificial Intelligence (AI) will become part of the school curriculum from Class 3 onwards, starting from the 2026-27 academic session.

time to read

1 mins

October 31, 2025

Hindustan Times Noida

His noble soul remains country’s inner monitor

I have no memories of the great man. As a two-three year old, I was lucky enough to have seen Sardar Vallabhbhai Patel many times. Including on his last birthday, on October 31, 1950, when my parents took me to his home to greet him and join a two-family photo-op. But all those real ‘sightings’ as I would like to think of them, have been wiped off my mind's screens.

time to read

4 mins

October 31, 2025

Hindustan Times Noida

Hindustan Times Noida

Litchfield’s classic becomes a footnote in India’s superb win

Phoebe Litchfield cover driving asa 16-year-old was the first sighting, The clip went viral, which helped the New South Wales batting sensation to speed through the meritorious Australian women's cricket biosphere.

time to read

2 mins

October 31, 2025

Hindustan Times Noida

'Looking at diverse sources to meet India's energy security'

India said on Thursday its crude oil procurement is guided by the objective of securing “affordable energy from diverse sources” to ensure energy security, amid indications that refiners are gradually reducing the uptake of subsidised Russian energy and eyeing greater imports of oil and gas from the US.

time to read

2 mins

October 31, 2025

Hindustan Times Noida

6 Union min offices in Netaji Nagar, for now

Offices of six ministries of the Union government, namely commerce, steel, heavy industries, mines, coal and textiles, have been allocated space in the general pool accommodation office building across five floors in Netaji Nagar.

time to read

1 min

October 31, 2025

Hindustan Times Noida

Hindustan Times Noida

Govt to take legal view on SC’s Vodafone Idea order

The Centre will take a legal view on the Supreme Court's order on Vodafone Idea Ltd’s additional gross revenue (AGR) dues before giving any relief to the beleaguered telco, a senior government official said.

time to read

2 mins

October 31, 2025

Listen

Translate

Share

-
+

Change font size