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[ GST on automobiles ]
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Rajiv Bajaj calls father Rahul 'uncommonly courageous' for criticising Modi govt! But, that's not all
BusinessToday.In
New Delhi, December 2, 2019
Senior Bajaj at an award function on Saturday in Mumbai had said there was an \"atmosphere of fear\" and people were afraid to criticise the Modi government
Simplify GST on Auto; peg rate only on 2 factors- sticker price & fuel type
BVR Subbu
December 1, 2019
Linking GST to retail price could end (mis)adventurism in industry and could set standards for responsible corporate behaviour
Jobless India
Team BT
New Delhi, November 25, 2019
As the economy goes into a tailspin, jobs across industries are becoming a casualty
Automobile retail sales hit new low, passenger vehicle sales fall 20% in September: FADA
Sumant Banerji
New Delhi, October 18, 2019
September is traditionally not the best month for vehicle sales due to the 15-day inauspicious shradh period. Sales were also impacted by the uncertainty over a possible GST cut that never came
World Bank cuts India's growth projection to 6% from 6.9%
PTI
New Delhi, October 13, 2019
The World Bank in its latest edition of the South Asia Economic Focus said the country was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022.
World Bank cuts India's growth projection to 6 per cent
PTI
October 13, 2019
Auto sales decline by 22.4% in September but some green shoots of recovery visible
Sumant Banerji
New Delhi, October 11, 2019
The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy
Ola plans to launch IPO in next two years
BusinessToday.In
October 4, 2019
Ola's latest investor, ARK Impact Asset Management had set up a pre-IPO trust fund recently, as per ANI Technologies Pvt Ltd filings with the corporate affairs ministry last month.
Maruti Suzuki cuts Alto 800, Alto K10, Swift Diesel prices by Rs 5,000 after corporate tax cut
BusinessToday.In
New Delhi, September 25, 2019
Maruti Suzuki says the new prices will be applicable across India from September 25; the price cut will bring down the cost of acquisition, especially for the entry-level customers
GST Council doubles tax on caffeinated beverages, slashes on hotel tariffs
PTI
September 20, 2019
GST Council meet: No relief for ailing auto sector; hotels, catering get breather
BusinessToday.In
New Delhi, September 20, 2019
No relief was announced for the auto sector despite a huge demand for a rate cut. The GST Council had said that such a move would lead to huge revenue hit for the states as well as the Centre
GST Council meet: Soft drinks, caffeinated beverages to get more expensive
BusinessToday.In
New Delhi, September 20, 2019
GST Council meet: On top of that 12 per cent of cess would be charged under the new Goods and Services Tax (GST) rules.
GST Council meet Updates: Tax relief for hotels; caffeinated drinks get costlier
BusinessToday.In
New Delhi, September 20, 2019
GST Council meeting: \"Several decisions have been taken in order to promote tourism,\" FM Nirmala Sitharaman stated before announcing rate cuts on hotel bills
'Bold decision, will help revive economy': RBI Governor Shaktikanta Das' first reaction to corporate tax cut
BusinessToday.In
New Delhi, September 20, 2019
The current corporate tax rate is 30%, which has been brought down to 22%. For new manufacturing companies the existing tax rate is 25% which has been brought down to 15%
GST council meet: FM Sitharaman likely to recommend tax cuts on 20-25 products
Reuters
Panaji, September 20, 2019
GST Council meet: The proposed GST tax cuts will have limited impact on government revenue: report
GST Council meet today: No relief in sight for auto; FMCG, hotel industries may get some cheer
BusinessToday.In
New Delhi, September 20, 2019
The GST Council fitment panel has rejected the rate cut demand for the auto sector, saying it would lead to revenue loss of Rs 40,000-45,000 crore
Kerala finance minister's advice to Centre: Cut cess, not taxes
Joe C Mathew
September 19, 2019
Even as the next GST Council meeting is scheduled for September 20, the possibility of a wide ranging tax cut - to infuse growth into India's slowing economy - looks unlikely, says T.M. Thomas Isaac, Finance Minister of Kerala
Slowdown Blues: Ola, Uber have hit demand for new cars in India, says Maruti Chairman RC Bhargava
BusinessToday.In
September 19, 2019
According to the chairman of Maruti Suzuki India, FM Nirmala Sitharaman is correct in her recent assertion that the ride-hailing companies have impacted auto demand. He backed up his argument saying young buyers don't need to buy cars for commuting and can spend most of their income on electronic gadgets.
Economic crisis: Nirmala Sitharaman, Prakash Javadekar to address media at 3 pm today
BusinessToday.In
New Delhi, September 18, 2019
Nirmala Sitharaman, Prakash Javadekar to address media at 3pm: Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely.
GST Council meet: Rate cut for auto sector may not be easy; relief on hotel tariffs, biscuits on the cards
Rahul Shrivastava
New Delhi, September 18, 2019
The GST Council meeting, as per the agenda paper, may take up automobiles, hotels, biscuits, matchsticks and outdoor catering segments for resetting of the GST rates. However, all listed items may not see GST cut due to various complexities involved
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