“Meet at MacGregor Park and ask for a man called Les. Les spelt with a dollar sign $$$” The text message that pinged into my pocket when I was walking out of George Bush Intercontinental Airport ...
Prior to the introduction of GST from July 1, there was no difference in the rate of excise duty or VAT payable on the manufacture of a petrol/kerosene or diesel engine (such engines used in water ...
The auto industry has asked the government to simplify excise duty slabs on cars by changing the three-tier system to a two-tier one. It also wants duties slapped on larger cars to be lowered to 20% ...
The Goods and Services Tax (GST) Council has approved the two-slab proposal, which will make small cars and two-wheelers more affordable for the masses. The new GST rates will kick in from September ...
The GST Council in its next meeting may look at raising the lowest tax slab to 8 per cent, from 5 per cent, and prune the exemption list in the Goods and Services Tax regime as it looks to increase ...
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