Prøve GULL - 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.
Denne historien er fra December 21, 2024-utgaven av The New Indian Express Vellore.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Vellore
The New Indian Express Vellore
AU’s ‘Train-the-Trainer’ to upskill faculty
AS part of efforts to futureproof engineering education, Anna University through its Centre for Academic Courses (CAC) has announced a series of ‘Train-the-Trainer’ programmes that will upskill faculty members in affiliated colleges to “bring industry practices directly into classrooms”.
1 min
May 02, 2026
The New Indian Express Vellore
GCCs turn to hybrid models amid AI push
GLOBAL Capability Centres (GCCs) are increasingly deepening ties with consulting and IT services firms as they navigate rapid shifts in artificial intelligence, cybersecurity, and global product ownership.
1 mins
May 02, 2026
The New Indian Express Vellore
Boat tragedy toll 9; mother found holding son in death
AS rescuers on Friday recovered five more bodies from Bargi Dam in Jabalpur, where a cruise boat capsized, taking the toll to nine, they found bodies of a mother clutching her four-year-old son to her chest in a desperate attempt to save him.
1 mins
May 02, 2026
The New Indian Express Vellore
Three workers trapped after under-construction bridge in Jammu caves in
A portion of an under-construction bridge in the Bantalab area of Jammu collapsed on Friday, trapping four labourers.
1 min
May 02, 2026
The New Indian Express Vellore
Anthropic excluded as Pentagon signs large AI deals
White House against Anthropic expanding Mythos
1 mins
May 02, 2026
The New Indian Express Vellore
Pilot body writes to DGCA over cockpit crew rest
‘Adhere to duty time norms’
1 mins
May 02, 2026
The New Indian Express Vellore
DEMOCRACY DIES THOUSAND DEATHS
N the lull before counting day, India is beguiling itself with poll paraphernalia.
3 mins
May 02, 2026
The New Indian Express Vellore
EU-Mercosur trade deal kicks in as court weighs its legality
THE EU’s mammoth trade deal with South American bloc Mercosur provisionally enters into force Friday, despite a pending court ruling on its legality.
1 min
May 02, 2026
The New Indian Express Vellore
Wood punishes Digne blunder as Forest take slender lead against Villa
NOTTINGHAM
1 mins
May 02, 2026
The New Indian Express Vellore
Relief for Khera in Himanta’s wife passport row, gets anticipatory bail
THE Supreme Court has granted Congress leader Pawan Khera anticipatory bail in connection with the FIR registered by Assam Police on the complaint by CM Himanta Biswa Sarma’s wife, Riniki Bhuyan Sarma, over his allegation that she held multiple passports and property abroad.
1 mins
May 02, 2026
Listen
Translate
Change font size