Today GST Council led by Gujarat finance minister Nitin Patel has approved a reduction in rate for Remdesivir from 12% to 5%. No tax on Tocilizumab, AmphotericinB medicines. Also GST rates brought down to 12 % from 28 % for Ambulances, GST rates on the specified items being used in COVID19 relief and management till […]
RBI rate cut by 0.25 percentage; home, auto EMIs to be lower After a 10-month pause, the Reserve Bank on Wednesday cut benchmark lending rate by 0.25 per cent to over 6-year low citing reduction in inflation risk, a move that will lower interest on home, auto and corporate loans. The repo rate, at which […]
Domestic cooking gas (LPG) price has been increased by up to Rs 32 per cylinder — the steepest increase in six years — following implementation of the Goods and Services Tax (GST). Subsidised LPG rates have been increased to Rs 477.46 per 14.2-kg cylinder from Rs 446.65 in Delhi after GST was implemented from July […]
