The revenue loss of the central government due to the recent GST rate reduction will be around Rs 3,700 crore in FY26, as higher growth and a boost in consumption have reduced the impact on revenues, according to a report by the State Bank of India (SBI).
Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to implement the reforms in letter and spirit.
Amit Mishra, one of India's most consistent movers with the ball, said that the decision was largely based on repeated injuries and the belief that the younger generations need to be allowed to shine on the big stage.
"This will be very helpful for the middle class in the coming times. When there will be savings, they will be able to invest in other places, so in the coming times, this will bring a huge boost to the economy. I thank the Prime Minister," the Union Minister said here, thanking Prime Ministe
In the Kullu district of Himachal Pradesh, the security barriers safeguarding the Tibetan colony within the Municipal Council have sustained significant damage as a result of flooding from the Beas River.
According to the AAP leader, the local elders have compared the disaster to the 1988 devastating floods in the region. The locals have said that while the water from the 1988 floods, which displaced thousands, receded within 2 days, currently it has been 12 days and the water seems to be ris
The Telugu Titans secured their first win of the Pro Kabaddi League season 12 after beating Jaipur Pink Panthers 37-32 at the Vishwanadh Sports Club in Vizag on Thursday. An all-round performance, led by eight points for skipper Vijay Malik and raider Bharat Hooda each, and Ajit Pawar's Hig
It was a landmark day for Captain Harmanpreet Singh as well, as he won his 250th cap for the Indian Men's Hockey Team. For the hosts, the goals came from Manpreet Singh (17'), Sukhjeet Singh (19'), Shilanand Lakra (24'), and Vivek Sagar Prasad (38'). Meanwhile, Shafiq Hassan (2') found the b
Gujarat Chief Minister Bhupendra Patel stated that the Vibrant Gujarat Regional Conference, to be held under the guidance of Prime Minister Narendra Modi, will showcase the unique industrial potential, economic strengths, and cultural heritage of different regions of the state on a broader