The GST Council has reduced the tax rate on specific cancer drugs and helicopter travel on a ‘seat-share basis’ to 5%, while lowering the levy on namkeen from 18% to 12%. It also agreed to exempt R&D funded by private and public sources from GST. Discussions on health insurance tax reductions were deferred.
Related Posts
‘Elon Musk, Gautam Adani set to be world’s first 2 trillionaires’
Elon Musk is projected to become the world’s first trillionaire by 2027, according to a report. Billionaires like Gautam Adani and Jensen Huang are also […]
Tough-talking Madhabi Puri Buch broke several barriers
In 2022, Madhabi Puri Buch became the first woman and first private sector professional to chair Sebi after a break. Known for her collaborative approach, […]
More people now fly direct to & from India
International air travel between India and the rest of the world has seen a significant rise in direct flights. In 2023, India’s international air traffic […]