The Goods and Services Tax (GST) 2.0 regime, set to come into force on September 22, 2025, will bring sweeping changes to India’s indirect tax system, but several key items will remain untouched. The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, approved a restructuring of the tax slabs by merging the 12% […]
LPG consumers will be in for a shock with the GST regime rolled out as the prices of new cylinder will shoot up by Rs.32 from July 1, as GST removes the 5% tax bracket for domestic LPG cylinders. However, the new price varies from state to state depending on VAT imposition which ranged from […]
Samsung Electronics, which has recalled millions of units of Galaxy Note 7 smartphones, will refurbish them and sell them 30 percent discounted price in South Korea beginning Friday, July 7, 2017. The Galaxy Note 7 faced several instances of battery fires and was banned in aircraft last year when it was launched, forcing the mobile […]