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Tax panel may consider lowering GST on online food delivery fees, report says

GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%,...
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Economy

Net GST collection grows by 62 pc in Nov: Punjab FM Harpal Singh Cheema

Punjab Finance Minister Harpal Singh Cheema on Sunday said the net GST collection in the state rose by 62.93 per cent in November...
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Economy

New senior citizens policy in the works after 25 years

New Delhi: Amit Yadav, secretary, ministry of social justice & empowerment, has said the government is drafting its first new senior citizens policy...
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Economy

Businesses with turnover over Rs 10 cr cannot report e-invoices older than 30 days from April 1, 2025

New Delhi: From April 1, 2025 onwards, businesses with Aggregate Annual Turnover (AATO) greater than Rs 10 crore will not be allowed to...
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Economy

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...
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Economy

Budget home threshold may be hiked to Rs 55 lakh

New Delhi: The group of ministers (GoM) tasked by the Goods and Services Tax Council to look into application of GST for real...
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Economy

Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab

New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved...
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Economy

End of cess may not be blessing for ‘sin taxed’

New Delhi: Cigarettes and other tobacco products, carbonated drinks and high-end automobiles, currently in the 28% goods and services tax (GST) slab, could...
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