Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Pass on GST cuts now, Nidhi Khare tells greedy firms
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 59796, member: 636"] Consumer Affairs Secretary Nidhi Khare issued stern warnings to businesses that fail to transfer reduced tax benefits directly to customers. Companies must implement the new Goods and Services Tax rates immediately or face government enforcement actions. The secretary stated that businesses withholding these price reductions will face classification as engaging in unfair commercial practices. Authorities possess complete monitoring capabilities to ensure proper compliance across all sectors. Consumer grievances regarding pricing violations will receive prompt attention from the government. The revised tax framework affects approximately 370 products and services across multiple categories. Essential food items like dairy products, baked goods, and beverages received significant tax relief. Personal care products, such as cleaning supplies and writing materials, became exempt from taxation entirely. Medical supplies for serious illnesses gained exemption status while diagnostic equipment rates dropped to five percent. Construction materials experienced a substantial decrease from twenty-eight percent to eighteen percent in taxation levels. Finance Minister Nirmala Sitharaman projected that households will gain nearly two lakh crore rupees in additional spending capacity through these changes. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Pass on GST cuts now, Nidhi Khare tells greedy firms
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top