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India tax panel may consider lowering GST on online food delivery fees, report says
India's GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported, citing sources.
GST On Online Food Delivery Can Reduce To 5% From 18%
Council is expected to reduce the GST on food delivery charges by e-commerce platforms like Zomato and Swiggy to 5%, down from the current 18%. This tax adjustment, recommended by the Fitment Committee,
Tax panel may consider lowering GST on online food delivery fees, report says
The GST Council, chaired by Indias finance minister, may reduce the tax on food delivery charges by e-commerce platforms from 18% to 5%, effective January 1, 2024, according to sources. However, food delivery platforms like Zomato and Swiggy will not be allowed to claim tax credits.
GST Council may consider lowering tax on online food delivery to 5% without input tax credit, says CNBC-TV18
The GST Council may lower tax on food delivery charges by e-commerce players such as Zomato and Swiggy to 5% from 18%, CNBC-TV18 reported on December 16 citing sources. The tax cut, which may take effect from January 1,
GST Council May Slash Tax On Online Food Delivery Charges To 5%: Report
The GST Council is considering reducing the goods and services tax (GST) on food delivery charges by e-commerce operators from 18% to 5%, CNBC-TV18 reported, citing unnamed sources. If approved by the Finance Minister-led council,
cnbctv18
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Zomato, Swiggy shares in focus as GST council considers cutting food delivery GST to 5%
Shares of Zomato and Swiggy are likely to remain in focus due to the GST Council's potential tax cut on food delivery charges ...
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No plan to reduce GST On Khadi Products: Government’s Response
Government of India has no plans to waive GST on Khadi products priced under one thousand rupees or reduce GST rates for Khadi products priced above one thousand rupees, as no such recommendation has ...
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India's long-term growth story intact, equities to stay buoyant next year: Report
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AP Chambers urges GST Council to refrain from introducing new slab rates
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India's fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.9 pc: CareEdge Ratings
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