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States ask for higher borrowing ceiling, interest-free loans
The New Indian Express Coimbatore
|December 21, 2024
The GST Council in its 55th meeting on Saturday is likely to announce changes in tax rates on several goods and services.
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.
Denne historien er fra December 21, 2024-utgaven av The New Indian Express Coimbatore.
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FLERE HISTORIER FRA The New Indian Express Coimbatore
The New Indian Express Coimbatore
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.
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The New Indian Express Coimbatore
Sify Infinit gets Sebi approval for ₹3,700 cr public offer
THE country’s leading data centre colocation services provider Sify Infinit Spaces on Friday received approval from markets regulator Securities and Exchange Board of India (Sebi) for initial public offering (IPO) of %3,700 crore.
1 min
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The New Indian Express Coimbatore
Laptops given to final-year students only for votes: AIADMK
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1 min
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The New Indian Express Coimbatore
Watch your weight! Obese on much higher risk of dementia, says study
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1 mins
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The New Indian Express Coimbatore
Amazon may cut 1,000 jobs in India
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1 mins
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The New Indian Express Coimbatore
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
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The New Indian Express Coimbatore
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
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The New Indian Express Coimbatore
Removal of GSP by EU impacts 2.6% of Indian exports: Commerce Min
WITH the European Union (EU) suspending the Generalised System of Preferences (GSP) for India from January 1, hardly 2.66% of India’s exports to the EU are likely to be impacted, clarified the Ministry of Commerce on Friday.
1 mins
January 24, 2026
The New Indian Express Coimbatore
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 Coimbatore
DOGS SUFFERING IN GAP BETWEEN PLAN AND ACTION
THOUGH the Supreme Court has vacillated on the issue of stray dogs in recent times, it has not ordered their killing.
1 mins
January 24, 2026
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