In a welcome move for e-vehicles manufacturing industry in India, a decision was taken during the 36th GST Council meeting to reduce Goods and Services Tax (GST) rates on electrical vehicles (EV) from 12 per cent to 5 per cent from August 1, 2019.
The new policy for d The new policy for development of hydropower will be ready for the Cabinet nod in a few days, according to the Minister of State (Independent Charge), R K Singh.evelopment of hydropower will be ready for the Cabinet nod in a few days, according to the Minister of State (Independent Charge), R K Singh.
Prime Minister Narendra Modi was lucky that oil prices were low when he took over in 2014, so he could tackle the economy that was left on a shaky wicket by the Manmohan Singh government.
On July 1, 2017, India embraced the Goods and Services Tax (GST) legislation. Touted as one of the major financial reforms since Independence, the legislation had initially created apprehension in the minds of taxpayers and entrepreneurs alike.
Union Power Minister Piyush Goyal said here on Tuesday that the new Merit Order Dispatch of Electricity for Rejuvenation of income and Transparency, or ‘Merit’ App launched today, will enable a greater degree of monitoring on the electricity and power sector, adding that it will increase transparency and help in curtailing corruption.
Progress towards realising the pan-India single tax system, the Goods and Services Tax (GST), will be the biggest achievement of the Narendra Modi-led government, industry organisation Assocham said on Sunday.
A day after the Goods and Services Tax (GST) Council, following its three-day meeting in Srinagar finalised a tax rate of 18 per for solar modules, independent experts gave a mixed bag of reactions to the move.
India, with mobile broadband reach of only 17 per cent, has a lot of catching up to do as it needs fundamental shift in policies and regulations to strengthen telecom infrastructure, says a CII report
Demonetisation and the shift to Goods and Services Tax will “simplify the system and bring down corruption,” and, thereby, lead to long-term benefits, said Nitin Gadkari,