[ad_1] Niranjan Hiranandani, Chairman of Hiranandani Group, told CNBC-TV18 that while there is no shortage of demand in the housing market, concerns persist over the further deterioration of the affordable housing segment. Meanwhile, Rajat Kathuria, CEO of Signature Global, highlighted that urbanisation trends remain strong, with Gurugram and NCR witnessing a significant shift. Below is […]
Overall a welcome budget, but a GST waiver on lifesaving drugs would have been ideal: Kiran Mazumdar-Shaw – CNBC TV18
[ad_1] The waiver of basic customs duty for many life-saving drugs for cancer, rare diseases and chronic diseases announced in the Union Budget is an important step towards reducing the cost of treatment for patients and is a welcome move. However, in order to truly benefit patients on a large-scale, exemption of GST on such […]
Budget 2025 Expectations Live Updates: Tata Tech calls for greater allocation for upskilling
[ad_1] Budget 2025 Expectations Live Updates: Congress general secretary Jairam Ramesh also emphasised the need for a Standing Committee to review wage rates and opposed the mandatory implementation of the Aadhar Based Payment Bridge System. Budget 2025 Expectations Live Updates: Ahead of the Union Budget, Tata Technologies emphasised the need for increased allocation toward upskilling […]
BPCL MD on impact of Russia sanctions, Trump’s oil policy, and hope for LPG subsidy – CNBC TV18
[ad_1] Bharat Petroleum Corporation (BPCL) could face a short-term impact of 1-2 months on its operations as it adjusts its crude oil sourcing mix amid the evolving geopolitical situation. With sanctions on Russian crude oil tightening, the company is rebalancing its purchases by increasing supplies from Saudi Arabia and the United States. However, this shift […]
Budget 2025 Expectations Live Updates: SMEs and e-commerce urge tax simplifications and paperless trade for growth
[ad_1] Budget 2025 Expectations Live Updates: Union Finance Minister Nirmala Sitharaman is all set to present her eighth budget on February 1. Tax simplification, increased capital spending, and steps to boost consumption are likely on the table as India navigates slowing domestic growth and global uncertainties. Budget 2025 Expectations Live Updates: The Union Government is […]
GST taxpayers get 2-day extension for GSTR3B and GSTR1 – CNBC TV18
[ad_1] Noting the technical glitches affecting the GST Network (GSTN) portal, the Central Board of Indirect Taxes and Customs (CBIC) announced a two-day extension for filing GSTR-1 and GSTR-3B returns for the month of January 2025. Company Value Change %Change According to the notification, this extension applies to returns for business activities undertaken in December […]
Budget 2025: GST proposals to boost key sectors – CNBC TV18
[ad_1] As the Union Budget 2025 approaches, experts across industries are highlighting GST-related reforms crucial for their growth. A recurring theme is the need for rationalised GST rates, simplified compliance, and targeted incentives to foster competitiveness and growth across sectors. Healthcare calls for reduced GST Chandra Ganjoo, Group CEO, Trivitron Healthcare, outlined the healthcare sector’s […]
Gift vouchers and cards not liable to GST: All you need to know – CNBC TV18
[ad_1] The Central Board of Indirect Taxes and Customs (CBIC) has clarified how the Goods and Services Tax (GST) applies to voucher transactions. Vouchers can be classified into two categories, each with distinct GST implications. Company Value Change %Change Prepaid vouchers: Treated as ‘money’ Prepaid vouchers, such as gift cards and digital wallets, are recognised […]
Dr. Kirit Solanki reflects on how rationalised GST rates can contribute to a healthier India – CNBC TV18
[ad_1] The Goods and Services Tax (GST) has drastically changed India’s taxation system while aiming to simplify the process and encourage compliances. However, the impact of the same on the healthcare sector reveals challenges that require immediate attention. Despite healthcare services being largely exempt from GST, healthcare providers face mounting operational costs due to the […]
IRDAI initiates industry consultation on GST rate for insurance sector – CNBC TV18
[ad_1] The Insurance Regulatory and Development Authority of India (IRDAI) is holding talks with the insurance industry to determine the optimal Goods and Services Tax (GST) rate that would allow companies to pass on tax benefits to policyholders, sources told CNBC-TV18. Company Value Change %Change Life and health insurance companies are expected to present their […]