In a move set to make eating out lighter on customers' pockets, the GST (Goods and Services Tax) council slashed the tax rate for restaurants last week. The tax rate for restaurants was revised downwards to a uniform 5% from the earlier 12% for non-air conditioned restaurants and 18% for air-conditioned restaurants. But restaurants won't get the benefit of input tax credit, a facility to set off tax paid on inputs with final tax. The tax cut was part of the biggest change to GST rates since July 1. Apart from restaurants, tax rates for 200 items were also slashed.
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While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
A new study finds sildenafil, the active ingredient in Viagra, may improve symptoms of Leigh syndrome, a rare, often fatal childhood disorder. Early findings show better muscle strength, fewer seizures, and improved quality of life.
The India-UK FTA will affect the prices of cars imported from the United Kingdom and sold in the Indian market.
Shivam Vishwakarma from Prayagraj ranked 58th in OBC category, selected as Assistant Commissioner (GST).
It is alleged that the 48-year-old accused officer demanded a bribe of Rs 10 lakh to settle the matter, which was later negotiated down to Rs 6 lakh.
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Wednesday October 22, 2025Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
Opinion: GST Cut, Inflation Under Control: Optimism As Festival Season ApproachesBharti Mishra Nath
Friday September 19, 2025Away from politics, floods, rain-related tragedies and the Trump tariffs, there is optimism in the air. With GST rationalized, inflation in control, the upcoming festival season promises good times.
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Opinion | Observations From A Student of Political Communication - By Derek O'BrienDerek O’Brien
Friday September 05, 2025For a student of political communication, this week has been fodder. The language used to describe GST reforms has been nothing short of grand. "Landmark". "Biggest ever since the 1990s". The Opposition has been advocating for such 'reforms' for eigh
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