US Commerce Secretary Howard Lutnick said the new $550 billion trade deal with Japan will boost America's energy, chip, mining, and shipbuilding sectors, calling it a "game changer" under the America First trade agenda, with President Trump overseeing the investments.
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).
"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
"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's econo
Companies in India will ramp up manufacturing of consumer goods following the Government's GST (Goods and Services Tax) 2.0 reforms, a move executives say will drive both manufacturing and sales-led employment across the country.
This is a very exciting time for the travel and tourism industry, said Rikant Pitti, co-founder of EaseMyTrip, while welcoming the latest reforms in the Goods and Services Tax (GST) structure.
AIMIM chief and Hyderabad MP Asaduddin Owaisi on Thursday criticised the Centre's claim that the latest reforms in Goods and Services Tax (GST) would boost consumption and said that this rhetoric and dialogue have not helped the common man in the past decade.
Commerce Minister Piyush Goyal today said that the latest reforms in the Goods and Services Taxes (GST) in the Pharma sector are huge demand boosters and will benefit both the industry and the end consumers.
The Apparel Export Promotion Council and the Tirupur Knitwear Garment Industry expressed their sincere appreciation for the substantial reform measures recently announced by the GST Council.
"With this big bang reform, there will be a boost to demand. Especially from a common man's perspective, I think, it will provide a lot of relief by bringing down the cost of many everyday items, as well as some of the aspirational items. Overall, I think that is a very significant developme
Union Minister of Commerce and Industry, Piyush Goyal, on Thursday, said that the reduction in GST rates will provide a tremendous and unprecedented boost to consumption demand. While addressing the Bharat Nutraverse Expo 2025, he noted that the industry can now aspire for a much greater vol
Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.