Tax Rates

Saturday, May 18, 2024 | Last Update : 02:39 PM IST

GST rate on other categories was reduced to 5 per cent, effective April 1.

GST Council approves transition plan for new tax rates for real estate sector

Council had in its last meeting on Feb 24, slashed tax rates for under-construction flats in affordable category to 1 pc.

19 Mar 2019 2:13 PM

Don't misuse I-T laws, tax rates already low: CBDT to industry

In 2018-19 Budget, Jaitley proposed to lower corporate tax rate to 25 pc for businesses with turnover of up to Rs 250 cr.

05 Feb 2018 4:09 PM

Govt introduces bill on GST compensation cess in Lok Sabha

An ordinance to hike GST cess on a range of cars from mid-size to hybrid variants to luxury ones to 25 per cent.

22 Dec 2017 5:11 PM

The Council, headed by Finance Minister Arun Jaitley, is scheduled to meet on November 10. (Photo: PTI)

Council to consider slashing GST on common use goods

GST rate on weighing machines, compressors may also be rationalised to 18 per cent from 28 per cent.

05 Nov 2017 12:49 PM

Congress party leader P Chidambaram. (Photo: PTI)

Modi govt's GST a mockery, 'very, very imperfect': Chidambaram

The Congress will press for reduction in tax rates and demand a cap of 18 per cent.

06 Jul 2017 6:36 PM

Company has started supply of batches on new rates from July 1 from its warehouses.

GST impact: Ultratech cuts cement price by up to 3 pc

Cement has been taxed at 28 per cent under the GST as compared to 30 to 31 per cent in the previous system of taxation.

04 Jul 2017 7:16 PM

After the GST Council fixed rates on goods and services, the Centre and states have been getting representations on the new tax rates.

Key GST meet today may lower some taxes

Yoga guru and Patanjali founder Baba Ramdev has opposed increasing tax on ghee from the current five per cent to 12 per cent.

03 Jun 2017 4:11 AM

Finance Minister Arun Jaitley. (Photo: PTI)

Will help J&K in GST rollout respecting Article 370: Jaitley

J&K finance minister says meeting in Srinagar will make state part of economic history.

18 May 2017 3:05 PM

GST Council, comprising Union and state finance ministers, has decided on a four-tier tax structure of 5, 12, 18 and 28 per cent.

GST cloud hangs over excise mop-up as dealers hold up tight

GST Council will meet on May 18-19 to decide on the rates.

14 May 2017 1:34 PM

Power, Coal and Mines Minister Piyush Goyal.

Lower tax rates only after all paid dues: Goyal

Power Minister's remarks come in backdrop of industry chambers asking for zero or 5 per cent tax under GST regime.

25 Feb 2017 10:39 AM

Union Finance Minister Arun Jaitley. (Photo: PTI)

FM hints at low tax rates due to demonetisation

He also warned of a 'very heavy price' that unscrupulous elements will have to pay for amassing large amounts of cash unlawfully.

13 Dec 2016 5:24 PM

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Shobhaa De

tax rates