Emirati business tycoon plans to acquire Leela Hotels
Al-Habtoor has offered to make the investment through the FDI route and pay the entire debt of the lender institutions that could amount to about USD…
Dosa batter,custard powder,kitchen lighter may see cut in GST
Sources said that the GST Fitment Committee has approved new rate structure of over two dozen items and forwarded the proposal to the apex decision…
De-Registering the food brands could not escape GST
Several brands, including some prominent basmati rice players, had deregistered some of the brands to avoid paying GST.
?Food processing minister asks Finance minister to keep food products in lowest tax bracket of 5%
The government had allowed 100% FDI in locally-produced and manufactured food products in a bid to encourage domestic industry and farmers, besides…
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Air Conditioned hotel and restaurant attracts service tax on 40% of bill
At old service tax rate, the effective rate of taxation came to 4.94 per cent of the food bill and at the higher rate of 14 per cent it comes to 5.6…