Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
States ask for higher borrowing ceiling, interest-free loans
The Morning Standard
|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.
Cette histoire est tirée de l'édition December 21, 2024 de The Morning Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Morning Standard
The Morning Standard
Gupta begins Atal Canteen project, first ₹5 meal outlet to come up in Timarpur
CHIEF Minister, Rekha Gupta on Friday laid the foundation stone of the first Atal canteen in the Timarpur area, marking the fulfilment of a key promise made by the BJP. The government has planned to open 100 such canteens, named after former prime minister Atal Bihari Vajpayee, with an aim to provide affordable meals to underprivileged people.
1 min
November 22, 2025
The Morning Standard
Kotak Bank announces 5:1 stock split
THE country’s fourth-largest private sector lender Kotak Mahindra Bank on Friday announced a 5:1 stock split after 15 years.
1 min
November 22, 2025
The Morning Standard
IndiGo to invest $820 mn in financial services business to acquire aircraft
INDIAS largest airline —-IndiGo — will invest $820 million (₹7,294 cr) in its wholly-owned subsidiary — InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC) — to acquire aviation assets and enable ownership of aircraft.
1 min
November 22, 2025
The Morning Standard
Unions growl, India Inc weighs 4 Labour Codes' notification
Minimum wage and social security for all, including gig workers; retrenchment rules eased for employers
1 mins
November 22, 2025
The Morning Standard
Re hits all-time low of 89.61 against USD
THE rupee, the worst among its Asian peers and has hit many lifetime lows this year, tumbled to a new all-time low on Friday, breaching the psychologically sensitive 89-mark for the first time.
1 mins
November 22, 2025
The Morning Standard
877 held in cyber fraud crackdown
In a major operation that lasted 48 hours, police round up 4,317 suspects and file 360 FIRs
2 mins
November 22, 2025
The Morning Standard
Ashes, Bradman and power of imagination
THE Ashes is upon us. Cricket's most storied rivalry inevitably brings to mind the greatest batter the game has known.
2 mins
November 22, 2025
The Morning Standard
HC judge recuses from Azam Khan cases just before scheduled hearing
ALLAHABAD High Court Justice Sameer Jain, on Friday, recused himself from hearing all matters related to Samajwadi Party leader and former MP Azam Khan, including 2016 Yatimkhana (orphanage) case.
1 min
November 22, 2025
The Morning Standard
Oil refiners’ operating profit set to rise by 50% to $18-20/barrel
OIL marketing companies’ (OMCs) operating profit is likely to surge more than 50% to $18-20 a barrel this fiscal from $12 last fiscal on the back of stronger marketing margins due to stable retail prices and favourable crude oil dynamics.
1 min
November 22, 2025
The Morning Standard
Friday trailer out
DHEENA takes justice into his own hands against a gangster and politician in the trailer for Friday, the upcoming gangster crime thriller film.
1 min
November 22, 2025
Listen
Translate
Change font size