The sweeping GST reforms unveiled this week will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase the income of cooperatives, the Ministry of Cooperation has said.
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
The carnival was widely appreciated by the public, with visitors praising the variety and quality of items displayed, which is an important step towards preserving Kashmir's traditional crafts while also encouraging innovation among the youth.
Global financial services firm Bernstein also echoed similar sentiments to those of several other experts that the sweeping GST rate cuts will boost India's consumption.
In a statement, USIBC praised the rationalisation of GST slabs and reduction in tax rates across key sectors, including food, healthcare, life-saving drugs, renewable energy, and electronics.
According to him, the revision of GST slabs and reduction of taxes on essential products will give a significant boost to the Indian economy, propelling it to new heights in the market.
Tamil Nadu Chief Minister MK Stalin on Saturday announced investment of Rs 7500 crore by the Hinduja Group, which will boost the electric vehicles ecosystem in the state.
Speaking at the press conference held in Lucknow, Samajwadi Party chief said, "A teacher is the one who defines personality and character...The teacher guides us and works to boost our morale. The true teacher teaches positivity and a progressive path. They also teach how to live with humans
The latest Goods and Services Tax (GST) rate rationalization is expected to give a strong boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama.
Industry bodies and experts have welcomed the government's announcement of GST 2.0, calling it a move that will simplify the tax system and reduce the burden on consumers, ultimately giving a push to the economy. Speaking to ANI, representatives from various sectors affected by the recently