Ayan Nayak
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Events For Next 1 Week

Ayan Nayak at 08:58 PM - Nov 02, 2016 ( ) Views: 696

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Fomc Statement Tonight.

2 Day Gst Meet Starts From Tommorrow.

US Elections.



From: Ayan Nayak at 11:35 PM - Nov 02, 2016( )


No Fed Rate Hike (FOMC)



From: Ayan Nayak at 05:15 PM - Nov 03, 2016( )


Gst Rates Finalised

http://www.moneycontrol.com/news/economy/gst-council-fixes-5-12-1828-tax-rates_7891321.html

GST Council fixes 5%, 12%, 18% and 28% tax rates The FM said that the government has kept about 50 percent of products in the consumer basket, such as food grains, as "zero-rated". The Goods & Services Tax (GST) Council has finalized a four-rate tax structure -- 5, 12, 18 and 28 percent, Finance Minister Arun Jaitley today announced at a press conference. The FM said that the government has kept about 50 percent of products in the consumer basket, such as food grains, as "zero-rated". Jaitley further said that cost empowerment issue will be taken up tomorrow. Jaitley said that items of mass consumption will be under 5 percent slab. Additional revenue form the higher slab of 28 percent will be used for the 5 percent slab. White goods category, which is presently taxed at 30-31 percent level, will be under the 28 percent category. These, however, will come with riders. While the cars will be under 28 percent category, luxury cars will be taxed much higher. Taxation on gold will be decided upon the revenue flexibility, Jaitley said.

Read more at: http://www.moneycontrol.com/news/economy/gst-council-fixes-5-12-1828-tax-rates_7891321.html?utm_source=ref_article


(1 to 2 out of 2) - Latest Replies on Top | First | << Previous | Next >> | Last |
Balya P at 12:28 AM - Nov 03, 2016 ( )
thanks for guidance sir

Hemant Parikh at 09:58 PM - Nov 02, 2016 ( )

1 to 2 out of 2

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