The separate tax slabs recommendation by the GST Council on a single product, however, did not go down well with social media users.
The next five days are expected to be positive from Friday's closing points. Against the 1,180-point fall, the recovery range could be a minimum of 40 percent or more.
Key highlights include the reduction of GST on fortified rice kernels to 5%, full exemption for gene therapy, and the extension of IGST exemption on surface-to-air missiles.
Currently, ATF is outside the ambit of GST and attracts two tax rates -- an excise duty, which is levied by the central government and a Value Added Tax (VAT) that varies from state to state.
The district authorities have launched a rescue operation. Two excavators have been pressed into service as part of the operation.
Allu Arjun explained that attending the premiere was a personal learning experience, emphasizing it was simply a show of respect to fans, not a roadshow or procession.
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Additionally, the Council will deliberate on revising the rates of nearly 150 items during Saturday's meeting. This rate rationalization exercise is expected to help the Centre generate additional ...
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There is no change in the tax rate for popcorn, and the GST Council has decided that the Central Board of Indirect Taxes and Customs (CBIC) will issue a circular clarifying the current taxation regime ...