Business Finance

FM to Head GST Panel Talks on Reforms

By BPN News Desk
Finance Minister Nirmala Sitharaman will brief three ministerial groups of the Goods and Services Tax (GST) Council in New Delhi this week. The groups will discuss rate rationalisation, health and life insurance, and phasing out the compensation cess. Proposal to Simplify GST Slabs The government is considering moving from the current four-tier structure to two […]
Business

Apple Leases 2.7 Lakh sq ft Office in Bengaluru

By BPN News Desk
Apple India has signed a major lease agreement for 2.7 lakh square feet of office space in Bengaluru’s Embassy Zenith. The deal, spread over a 10-year period, is valued at nearly ₹1,010 crore, making it one of the city’s largest single-tenant office leases. This space is expected to become Apple’s biggest office in India, strengthening […]
Business Finance

By BPN News Desk
Delhi Police have arrested 18 people in connection with a massive fraud that siphoned off ₹2.60 crore from State Bank of India (SBI) credit card holders. The fraud, which ran for nearly six months, came to light after investigators traced the source of leaked banking information to a call centre in Gurugram. How the Fraud […]
Business Industry

Coimbatore MSMEs Hope for Lower GST Rates

By BPN News Desk
Micro, Small and Medium Enterprises (MSMEs) in Coimbatore have raised concerns over the impact of high Goods and Services Tax (GST) rates on their operations. Manufacturers and suppliers in sectors such as textiles, foundry, engineering tools, and pump sets argue that current tax slabs have increased input costs and reduced profit margins. Many also point […]
Business Finance

India Plans 2-Slab GST System by Diwali

By BPN News Desk
The government has proposed reforms to simplify the Goods and Services Tax (GST) into a two-slab system, targeting implementation by Diwali to reduce the tax burden on everyday items and benefit small businesses. Proposed Restructuring The Finance Ministry has submitted a proposal to the Group of Ministers to consolidate the existing four-rate GST structure (5%, […]

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