It is unlikely that the government would want to tinker with the GST structure and introduce any slab higher than 28 percent. But if it decides to bring it under GST, it will be at a huge cost.
With the duty rejig from the Budget, the paint industry got a small boost. CNBC-TV18 caught up with Abhijit Roy, director and chief operating officer, Berger Paints for a chat on what the actually benefit is.
The finance ministry is willing to cut duty on oil products, even though it means a loss of Rs 25000 crore for the government, reports Aakanksha Sethi of CNBC-TV18.