Articles for tag: Ahead, cess, Compensation, Crucial, Debate, Formed, GoM, GST, Intense, Luxury, Nears, Reshape, Sparking, Taxes

September 27, 2024

A crucial GoM formed to reshape GST luxury taxes as compensation cess nears its end, sparking intense debate ahead.

The Goods and Services Tax (GST) Council has established a 10-member Group of Ministers (GoM) to evaluate the taxation of luxury and sin goods, set to conclude once the compensation cess ends in March 2026. Chaired by Minister of State for Finance Pankaj Chaudhary, the GoM will propose whether to maintain the cess or replace ...

September 5, 2024

Market News

Business

Nykaa sues ex-CBO Gopal Asthana for breaching confidentiality, claiming he poached their employees for Tata Cliq, seeking compensation.

Nykaa, a leading beauty and fashion retailer, has filed a lawsuit against its former Chief Business Officer, Gopal Asthana, now with Tata Cliq. The company accuses him of breaching confidentiality and attempting to lure former employees to join Tata Cliq, where he currently serves as head. Nykaa is seeking a refund of nearly Rs 19 ...