Govt should cut GST on lithium-ion batteries by 5% to boost local manufacturing: Kushmanda Power CFO
India should lower the goods and services tax (GST) on lithium-ion batteries to support domestic manufacturing and reduce dependence on imports, R K Jaain, Chief Financial Officer (CFO) of Kushmanda ...
Asianet Newsable on MSN
Lower GST on lithium-ion batteries to 5%: Kushmanda Power CFO
Kushmanda Power CFO R K Jaain has called for reducing GST on lithium-ion batteries from 18% to 5% to boost domestic ...
Newspoint on MSN
Income tax update: Fully automated tax compliance system likely for large taxpayers soon
India’s tax administration may be on the verge of a major digital transformation. According to recent developments, the ...
As Bhutan shifts from Sales Tax to the Goods and Services Tax or GST, questions and concerns are surfacing among the public.
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and ...
Nagaland has recorded the highest growth in Goods and Services Tax (GST) collection among all states in the country, with a 37% increase during the 2025–26 financial year up to December 2025, ...
India moved closer to its ambition of One India, One Tax, even if it has far to go in making it truly good and simple ...
Nagaland records highest GST growth in India with 37% increase up to December 2025–26, driven by compliance and digitalisation efforts.
India raised excise duties on cigarettes from Feb 1, adding to 40% GST. Prices will rise for smokers as the move aims to curb tobacco use, boost revenue, and improve public health.
India's insurance sector transformed in 2025. GST changes made life and health insurance more affordable. Digital tools ...
Under the new notification, the Centre has done away with the GST compensation cess that was earlier levied on tobacco ...
So far in 2025-26 (April-December), gross GST collections rose 8.6 per cent to about Rs 16.5 lakh crore, compared with Rs 15.2 lakh crore in the same period last fiscal. In this case also, all ...
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