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Source: Live Mint Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent based on where the restaurant is located and whether it is…
Source: Live Mint With the new financial year (FY 2025-26) beginning today, April 1, 2025, we take a look at the key changes affecting online payments, GST rates, income tax slabs, bank balances, LPG cylinder prices, TDS, tolls, credit cards, and more. Citizens and taxpayers need to stay informed about new income tax rules, revised…
Source: Live Mint Money rule changes from April 1 2025: March 2025 is coming to an end, ushering the beginning of a new financial year from April 1. The financial year 2025-26 will start from April 1, affecting citizens and taxpayers across India. New income tax rule changes, credit card rule change, UPI rule change…
Source: Live Mint The next step is the online registration process–uploading the documents and submitting the application and Aadhaar authentication through OTP. However, the process may not be as simple as it sounds. GST (goods and services tax) officers often ask for additional allied registrations, such as shops and establishment licences, MSME Udyam certificates and…
Source: Live Mint While the broader indices are teetering on the edge of a bear market (defined as plunging 20% or more from recent highs), some small- and mid-cap stocks are so deep in red that short-term traders have graduated to being long-term investors, and long-term investors have embraced spirituality. Investing in the small and…
Source: Live Mint South Korean automaker’s Indian arm, Hyundai Motor India Limited, received two goods and service tax (GST) notices from the Government of Tamil Nadu and the Government of Maharashtra, amounting to nearly 16 crore, according to an exchange filing on Friday, February 28. The Deputy Commissioner of the Maharashtra State Tax Department has…
Source: Live Mint PSU-institutional lender Indian Overseas Bank (IOB) received a ₹699.52 crore goods and service tax (GST) notice from the Chennai State Government, according to an exchange filing on Friday, February 28. The Deputy Commissioner of the Large Taxpayers Unit of Chennai has demanded the GST amount from the state-owned bank. According to the…
Source: Live Mint Google Pay starts levying convenience fee on payments made via credit and debit card for utilities such as cooking gas and electricity, reported Economic Times. This used to be free earlier. The fees are subject to Goods and Services Tax and amount to 0.5% to 1% of transaction value. This move by…
Source: Live Mint Stock Market Today: ITC, Godfrey Phillips India share prices decline up to 3% in the morning trades on Thursday on GST hike concerns. The news reports suggest that government may be considering GST hike on cigarettes and other tobacco products Read Full Article
Source: Live Mint The government in its Union Budget for 2025-26 proposed raising the foreign direct investment (FDI) limit for India’s insurance sector to 100% from 74%—meeting a long-awaited industry demand. So why did the stocks of most Indian insurance companies end the day flat to negative? The simple reason for that being that well-established…
