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Ludhiana: FICO urges Centre to reduce GST on iron, steel

In a written memorandum addressed to the Union steel ministry and GST council, FICO emphasised the need for a lower tax levy to alleviate ‘financial strain’ on manufacturers, especially those in the bicycle parts industry.

According to FICO, lowering GST on iron and steel would align it with the tax rate on bicycle parts, simplifying the tax structure and enhancing cash flow for the sector. (HT File)
Updated on Oct 29, 2024 05:38 AM IST
By, Ludhiana

GST rates to be cut on 20 litre water bottles and bicycles, up on shoes, watches

The estimated revenue gain from all the new changes made by the GoM on GST rationalisation would be ₹22,000 crore

The GoM on GST rationalisation was formed this time after the average GST rate fell below the revenue neutral rate of 15.3%(PTI)
Updated on Oct 19, 2024 06:21 PM IST

ED to probe ‘larger conspiracy’ in GST case involving Gujarat journalist

The Enforcement Directorate (ED) has decided to launch a money laundering probe as it wants to investigate a “larger conspiracy” in the matter.

ED to probe ‘larger conspiracy’ in GST case involving Gujarat journalist
Updated on Oct 10, 2024 06:50 AM IST

‘PM Modi’s monopoly model': Rahul Gandhi attacks BJP over job losses

Rahul Gandhi on Friday accused PM Narendra Modi and BJP government for running a ‘monopoly model’ which is causing job losses and hurting MSMEs.

Congress leader Rahul Gandhi (ANI Photo)
(AICC)
Published on Sep 27, 2024 07:19 PM IST

Stalin bats for TN rights at DMK 75th anniversary

Stalin also used the platinum jubilee celebrations of his party to target the Bharatiya Janata Party (BJP)-led Union government raising a raft of issues, including alleged meagre allocation of central funds, autonomy and the Goods and Services Tax (GST).

Tamil Nadu Chief Minister M K Stalin addresses a gathering during 'Mupperum Vizha' in Chennai. (PTI)
Published on Sep 18, 2024 07:46 AM IST
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