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Goods And Services Tax

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Amid rise in sales, BMW urges government to retain 5 per cent GST on EVs

Amid rise in sales, BMW urges government to retain 5 per cent GST on EVs

Ahead of Union Budget 2026, BMW has urged the Centre to retain the 5 per cent GST on electric vehicles, citing rising EV sales, high manufacturing costs, and the importance of keeping EVs affordable for consumers while supporting industry growth

09 January,2026 02:46 PM IST | Mumbai
Cigarettes, gutkha prices likely to rise as new excise and health cess kick in

Cigarettes, gutkha prices likely to rise as new excise and health cess kick in

A health and national security cess and excise duty on pan masala and tobacco products respectively will be over and above 40 per cent Goods and Services Tax (GST) rate, while in case of ‘biris’ it would be on top of the 18 per cent GST rate effective February 1, 2026

02 January,2026 06:51 AM IST | New Delhi | Agencies
Rajya Sabha returns Manipur GST bill to LS

Rajya Sabha returns Manipur GST bill to LS

The Manipur Goods and Services Tax (Second Amendment) Bill, 2025, which seeks to give effect to decisions taken at the 56th meeting of the GST Council, was laid on the table of the House by Minister of State for Finance Pankaj Chaudhary

02 December,2025 05:18 PM IST | New Delhi | PTI
Nirmala Sitharaman inaugurates CGST Bhawan, calls for next-gen tax reforms

Nirmala Sitharaman inaugurates CGST Bhawan, calls for next-gen tax reforms

The minister highlighted the positive signs emerging from India's economic landscape, referring to data shared by the Confederation of All India Traders (CAIT). This year's festive retail sales reached an all-time high of Rs 6.05 lakh crore, marking a 25 per cent increase over last year

24 October,2025 08:18 PM IST | New Delhi | ANI

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