The proposed 35% GST rate on sin goods like tobacco, cigarettes, and soft drinks is likely just the beginning, with a new cess expected to ensure the effective tax rate doesn’t significantly reduce. The GST Council, led by Bihar’s deputy CM, is working on recommendations, but final decisions have not been made yet.
Related Posts
Niva Bupa Health Insurance sets IPO price band at Rs 70-74 for Rs 2,200 crore offering
Niva Bupa Health Insurance Company Ltd. has announced the price band for its upcoming IPO at Rs 70-74 per share. The IPO, aiming to raise […]
Indians’ net worth & debt, both at record highs: Study
Indian households’ net worth has soared to a record 157% of GDP in Q1 FY25, largely driven by substantial investments in equity and mutual funds. […]