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Image for representation purpose only. | Photo Credit: RAGU R The government has capped the maximum rate of GST compensation cess that would be levied on pan masala, cigarettes, and other forms of tobacco and linked the highest rate to…

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The Centre expects that its move to impose cess on petrol, diesel and aviation turbine fuel…

The government has extended the time for levy of GST compensation cess by nearly 4 years…

Ahead of the end of the five-year goods and services tax (GST) shortfall compensation to states on June 30, the Centre has extended the ‘compensation cess’ till March 31, 2026. The extension, which was earlier approved by the GST Council,…

The levy of cess was to end on June 30 but the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising State FMs, decided to extend it till March 2026 to repay the loans taken in the last two fiscal years to make…

Centre to roll out Raising and Accelerating MSME Performance programme with outlay of ₹6,000 crore over 5 years. The Union Budget for 2022-23 has announced several measures for the micro, small and medium enterprises (MSMEs) sector that…

‘The Budget presented by FM Nirmala Sitharaman builds on the excellent Budget last year, continuing the trend towards more productive expenditure,’ says N. Chandrasekaran, Chairman, Tata Sons The Union Budget 2022-23 has been viewed…