[ad_1] #LatestNews Company Value Change %Change GST council decisions, Sensex rejig, IPO action, and more to drive markets this week Indian equities wrapped up their worst week of 2024, with the Sensex and Nifty50 tumbling nearly 5% amid a global sell-off triggered by hawkish comments from the US Federal Reserve. The Sensex sank 1,176.46 points […]
GST Council update | What changes, what remains: Key decisions from the 55th meeting – CNBC TV18
[ad_1] 1 / 13 Reduced compensation cess on exports | The GST Council decided to reduce the compensation cess on supplies to merchant exporters to 0.1%. This is expected to improve working capital for exporters. 2 / 13 EVs and tax clarifications | The Council confirmed that new electric vehicles (EVs) will attract a 5% […]
GST Council defers proposal to cut tax on food delivery charges via e-commerce platforms: Sources – CNBC TV18
[ad_1] The GST Council has deferred the proposal to reduce GST on delivery charges for food delivery via e-commerce platforms, sources informed CNBC TV18. The proposal, which was expected to provide some relief to the food delivery industry, was put on hold for further discussions. Company Value Change %Change In other GST-related updates, the Council […]
Decision on 18% GST for payment aggregators deferred; referred to Fitment Committee: Uttarakhand FM – CNBC TV18
[ad_1] The decision to levy an 18% Goods and Services Tax (GST) on payment aggregators for income generated from transactions below ₹2,000 — anticipated to be a key point in the 54th GST Council meeting — has been deferred. The matter has been referred back to the GST Fitment Committee for further evaluation, according to […]