Search For "and services tax"
GST rationalisation to boost organised apparel retail revenue growth by 20
Updated : 7 months, 2 weeks ago IST
The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.
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GST cuts and festive cheer drive surge in housing demand; Tier-2 and Tier-
Updated : 7 months, 3 weeks ago IST
India's housing market is witnessing renewed optimism ahead of the festive season, fuelled by recent Goods and Services Tax (GST) reductions on key construction materials. The rationalisation of GST rates on cement, marble, granite, and bricks is estimated to lower construction costs, giving
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GST rate rationalization yet to play out meaningfully: HDFC Securities Rep
Updated : 7 months, 4 weeks ago IST
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
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Wholesale beat automobile demand estimates in September: Report
Updated : 8 months ago IST
India's automobile industry recorded a strong rebound in September 2025, with wholesale volumes across all major vehicle segments surpassing expectations, according to a report by ICICI Securities. The demand revival came after the Goods and Services Tax (GST) reduction on September 22, whic
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GST rate cuts to boost Uttar Pradesh's craft and industrial clusters
Updated : 8 months ago IST
The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, impr
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GST collections rise 9.1% to Rs 1.89 lakh crore in September, marking 2nd
Updated : 8 months ago IST
India's Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year.
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Punjab delegation calls on 16th Finance Commission Chairman, seeks special
Updated : 8 months ago IST
Finance Minister Harpal Singh Cheema highlighted the immense strain placed on Punjab's finances due to its unique status as a frontline border state, recent natural calamities, and the structural disadvantages arising from the shift to the Goods and Services Tax (GST) regime.
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"MODI stands for Mission Of Developed India": BJP's CR Kesavan lauds PM fo
Updated : 8 months ago IST
The Goods and Services Tax (GST) reforms, approved by the Union Government on September 4, came into effect on September 22. GST 2.0 features two main tax slabs, 5% and 18%, with a 40% compensation cess for luxury and sin goods.
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Is Now the Best Time to Buy Car Insurance After GST Reduction? Find Out
Updated : 8 months ago IST
New Delhi [India], September 26: In a significant move aimed at boosting the automobile sector, the Government of India has recently announced a reduction in Goods and Services Tax (GST) rates across various vehicle categories. This change is expected to make vehicles more affordable, especi
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New GST rates implementation has set the stage for consumption led growth
Updated : 8 months ago IST
India's Goods and Services Tax (GST) 2.0, has been hailed as a "GST booster shot" for consumption-led growth, with major reliefs announced for sectors including FMCG, MSME, textiles, automobiles, healthcare, insurance, electronics and construction, noted a report by the Union Bank of India.
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"Families will be able to save a lot of money": Delhi Hajj Committee chair
Updated : 8 months ago IST
"After the new changes, families will be able to save a lot of money. There will be a tax reduction on daily-use items, which will help the customers and shopkeepers. PM Modi has also appealed to adopt 'Swadeshi' products. We should use products made in India in our daily lives and also duri
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Come Nov 1, small, low-risk businesses will get GST registration approval
Updated : 8 months ago IST
"On registration, we have gone to and fro. Earlier, we had a very simplified system, and because of its misuse, we made it tighter again. However, there have now been complaints from small traders, particularly small operators. We are rolling out a new scheme from November 1, 2025," the Spec
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