It is both feasible and prudent to have three tax rate slabs in the GST, he told ET in an interview.
Union Budget 2024: AstraZeneca set to gain from customs duty exemption on key cancer drugs in full Budget
Global pharmaceutical giant AstraZeneca is expected to benefit following Finance Minister Nirmala Sitharaman’s announcement of the exemption of customs duties on three key cancer drugs in the Union Budget 2024-25 on Tuesday.
Budget 2024: FM assures further simplification, rationalisation of GST, proposes amendment in GST Law
Finance Minister Nirmala Sitharaman on Tuesday assured further simplification and rationalisation of Goods and Services Tax (GST) regime. She also introduced nine changes in GST law through the Finance Bill to implement recommendations given by the GST Council.
Budget 2024: Now pay more tax on older property sale as FM removes indexation
If you own a house, which you are planning to sell, it is likely that you will end up paying more tax on the transaction from now own. As a key change comes into effect post the union budget tabled by Finance Minister Nirmala Sitharaman, capital gains tax on sale of real estate assets like homes would be higher for most owners.
Union Budget 2024: What’s cheaper and what’s dearer?
The Union Finance Minster Nirmala Sitharaman on Tuesday presented the Union Budget 2024 in Parliament focused on several areas inducing the agriculture, manufacturing, and services sectors.
What Sitharaman’s 2024 Budget gave you and took away from you impacting your pocket and taxes?
The Union Budget 2024, presented by Finance Minister Sitharaman on Tuesday, introduced several significant changes to income tax rules that will have a direct impact on the finances of individuals. Let’s look into the various tax measures that were introduced, modified, or removed.
How Budget Will Revolutionise GST Compliance And Enforcement
In a landmark move set to redefine India’s tax landscape, the Finance Minister’s Budget 2024 presentation in Parliament unveiled a game-changing addition to the Goods and Services Tax (GST) framework.
Real Estate Budget Hopes: Industry Status, GST Concerns
Noida, Jul 21 (PTI) Real estate developers in Noida and Greater Noida in western Uttar Pradesh expect the first Budget of the Modi 3.0 government to accord ‘industry status’ to their sector for easier access to funds, and address woes related to GST, including the 28 per cent taxation on cement.
PLI in agrochemicals, cut in GST on farm inputs among major expectations from Budget
Stakeholders in the farm sector, equally important in ensuring a robust harvest and better prices, are wondering if Finance Minister will announce something new or tweak some taxes/rates to prop up growth.
Budget 2024 Expectations: GST exemption, more allocation high on the wishlist from travel, tourism and hospitality sector
As India gears up for a full budget following the elections, the travel, tourism and hospitality industry is poised for significant growth and development. The interim budget of February 2024 had already set a positive roadmap, with substantial increases in budgetary allocations for the tourism ministry, highlighting a clear focus on enhancing tourism infrastructure.