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Stock markets open flat ahead of GST council meeting, investors eye key de
Updated : 8 months ago IST
Indian stock markets opened almost flat on Wednesday as investors waited for the outcome of the Goods and Services Tax (GST) Council meeting, where crucial decisions on GST rates are expected.
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GST Council meeting begins tomorrow, overhaul to simplify tax slabs
Updated : 8 months ago IST
The 56th meeting of the Goods and Services Tax (GST) Council is set to begin in the national capital tomorrow, spanning two days from September 3 to 4.
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Rollout of next-gen GST reforms will help small businesses: Nirmala Sithar
Updated : 8 months ago IST
The upcoming next-generation Goods and Services Tax (GST) reforms will further simplify tax processes and reduce compliance burdens, particularly for small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.
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BCCI announces release of IEOI for Team India sponsorship rights, blocks o
Updated : 8 months ago IST
In a statement, BCCI said, "The Board of Control for Cricket in India ("BCCI") invites bids from reputed entities for acquiring the National Team Lead Sponsor Rights. Accordingly, the BCCI is issuing an Invitation for Expression of Interest for National Team Lead Sponsor Rights ("IEOI"), whi
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GST collections rise 6.5% to Rs 1.86 lakh crore in August
Updated : 8 months ago IST
The Goods and Services Tax (GST) collections in August, in gross terms, rose 6.5 per cent to about 1.86 lakh crore compared to about 1.74 lakh crore in the same month last year, according to official data released Monday.
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Jefferies raises growth outlook for 2 wheelers, passenger vehicles amid GS
Updated : 8 months ago IST
The auto industry is likely to get a significant boost as the government is expected to announce Goods and Services Tax rate cuts soon.
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Potential GST cut should provide a boost to domestic auto demand: Jefferie
Updated : 8 months ago IST
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene
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Reduction in GST rates have higher multiple effect on economy, than cut in
Updated : 9 months, 1 week ago IST
A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
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GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 9 months, 1 week ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
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ICEA urges GST reduction to 18% on air conditioners and televisions to boo
Updated : 9 months, 1 week ago IST
The India Cellular & Electronics Association (ICEA) has urged the government to reduce the Goods and Services Tax (GST) on air conditioners and televisions from 28 per cent to 18 per cent. The appeal, made through a press release, argues that the move is essential to make these products more
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AIDCF Calls for GST Relief to Safeguard Cable TV Industry
Updated : 9 months, 1 week ago IST
New Delhi [India], August 27: The All India Digital Cable Federation (AIDCF), the apex body representing India's Digital Multi-System Operators (MSOs), has appealed to the Government of India for a reduction in the Goods and Services Tax (GST) rate on Cable TV services from the existing 18%
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Indian Medical Association supports government's GST relief on essential m
Updated : 9 months, 2 weeks ago IST
The Indian Medical Association (IMA) has welcomed the Goods and Services Tax (GST) Council's decision to reduce GST on several cancer-related and other essential medicines, calling it an essential move to make healthcare more affordable for millions of patients across India. The association
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