The Ministry of Finance on 2nd June 2021 has notified the GST charges on Maintenance, repair or overhaul services in respect of ships and other vessels, their engines and other components or parts to be 5% which shall be in force from 2nd June 2021.
The Karnataka Government updates minimum wages and VDA for shops and commercial establishments, effective from April 1, 2025, to March 31, 2026.
The Himachal Pradesh VAT Amendment Act, 2024 updates payment, appeal, and enforcement processes to improve VAT administration and enhance compliance
Assam issues VDA for workers handling urea bags, effective July 1, 2024, reflecting CPI increase, with adjustments in wages for mechanized filling loading tasks
February 2025 sees a drop in overall inflation to 3.61%, driven by a significant reduction in food inflation, offering relief to rural and urban consumers.
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