GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

The Central Board of Indirect Taxes and Customs (CBIC) clarified that post-sale discounts offered by manufacturers to dealers, aimed purely at competitive pricing and driving sales, will not attract Goods and Services Tax (GST).In a circular, the board further explained that GST would, however, apply if such discounts are linked to specific promotional services carried…

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Asia Cup: Sri Lanka off to winning start, Bangladesh collapse in Group B clash | Cricket News

Sri Lanka’s captain Charith Asalanka and Kamil Mishara celebrate after winning the match against Bangladesh at Zayed Cricket Stadium in Abu Dhabi (AP Photo/Altaf Qadri) Pathum Nissanka’s fluent half-century and an unbeaten knock from Kamil Mishara guided Sri Lanka to a comfortable six-wicket victory over Bangladesh in their Asia Cup Group B contest in Abu…

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Ileana D’Cruz says she wouldn’t be okay with her babies getting papped: ‘It would be incredibly confusing for them’ | Hindi Movie News

Ileana D’Cruz, who made a sparkling Bollywood debut in Anurag Basu’s Barfi! (2012) opposite Ranbir Kapoor and Priyanka Chopra, has now shifted her focus from the paparazzi-filled lanes of Mumbai to a quieter life in Texas with her husband Michael Dolan and their two sons. While she continues to balance her passion for acting with…

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Nepal president announces polls: Himalyan nation to elect govt in March; oppn fumes | India News

Nepal’s President Ram Chandra Poudel dissolved the parliament following a recommendation by the interim government led by former Supreme Court chief justice Sushila Karki, and also announced that fresh elections will be held on March 5 next year.President’s decision to dissolve parliament received backlash from several parties. Major political parties denounced his decision, calling it…

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Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

China rolled out a two-year plan aimed at easing turbulence in its car industry, where aggressive price cuts and trade disputes have weighed heavily on growth.State news agency Xinhua said the programme, covering 2025 and 2026, was issued jointly by eight government departments. It places emphasis on “cost surveys and price monitoring” while urging carmakers…

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Salman Khan visits Ladakh Lieutenant Governor Kavinder Gupta while filming ‘Battle of Galwan’ | Hindi Movie News

Mumbai, Sep 13 (IANS) Bollywood hunk Salman Khan visited the Lieutenant Governor of Ladakh, Kavinder Gupta, at Raj Niwas in Leh on Saturday while shooting for his much-anticipated drama, “Battle of Galwan”. Bollywood hunk Salman Khan visited the Lieutenant Governor of Ladakh, Kavinder Gupta, at Raj Niwas in Leh on Saturday while shooting for his much-anticipated…

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Ex-Tibetan PM in exile says Chinese embassies meddling in Nepal; warns India | India News

NEW DELHI: Chinese Embassy officials of interfering directly in the local affairs of South Asian countries, particularly in Nepal, former Tibetan Prime Minister-in-exile Lobsang Sangay claimed, and also warned India to be vigilant about its dealings with Beijing. In an conversation at ANI podcast, Sangay voiced concern over China’s “expansionist” policies and its efforts to…

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India coach reacts to Pakistan match boycott talks, reveals the ‘line’ they are following | Cricket News

India vs Pakistan (AP Photo/Ajit Solanki) TimeofIndia.com in Dubai: India’s Asia Cup clash against Pakistan has been surrounded by strong calls for a boycott in the wake of the recent terror attack in Pahalgam that killed Indian tourists. With emotions running high, the team’s support staff addressed the issue on Saturday, urging focus to remain…

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