The GST Council has formed a GoM to decide on the future of compensation cess. The GoM will submit its report by December 31st, 2023.

The GST Council's GoM on rate rationalisation discussed lowering taxes on several items, including bicycles and bottled water, aiming for relief to the common man. The next meeting is on October 20.

A ministerial panel will meet on October 19 to discuss lowering GST on health and life insurance premiums. The GoM will submit its report by October-end, with a final decision expected in November.

The GoM on real estate has decided against further GST exemption on long-term land leases by private entities. The meeting also discussed taxability of construction services by housing societies...

The GST Council's ministerial panel on rate rationalization will meet on September 25 to discuss tweaking tax slabs and rates. The GoM will analyze implications of rate changes on various items.

Ola Electric's S1 X 2kWh e-scooter has received PLI certification, adding to its existing 5 certified products. This move further strengthens Ola's commitment to India's EV vision.

Vedanta Aluminium has complied with the government's order mandating BIS certification for wire rods and rolled products. The certification applies to products manufactured at its Balco and...

DHL Express will increase parcel delivery prices in India by an average of 6.9% from January 1, 2025. The price hike reflects global inflation and currency fluctuations.

India's government plans to introduce a new PLI scheme for speciality steel after the initial scheme fell short of expectations. The initiative aims to boost domestic production and cater to...

SpiceJet has cleared all its GST dues after raising Rs 3,000 crore through a Qualified Institutional Placement (QIP). The airline also cleared salary dues for July and August.

Ola Electric's S1 X 2kWh e-scooter has received PLI certification, adding to its existing 5 certified products. This move further strengthens Ola's commitment to India's EV vision.

Gold prices fell Rs 173 to Rs 75,214 per 10 gram in futures trade on Friday, attributed to weak global cues. Analysts cited declining global gold futures as a factor.

Vedanta Aluminium has complied with the government's order mandating BIS certification for wire rods and rolled products. The certification applies to products manufactured at its Balco and...

DHL Express will increase parcel delivery prices in India by an average of 6.9% from January 1, 2025. The price hike reflects global inflation and currency fluctuations.

Zydus Lifesciences and CSIR-CDRI have partnered to develop a new drug for chronic kidney disease-induced osteoporosis, targeting Sclerostin inhibition. The collaboration aims to bring affordable...