Maharashtra Chief Minister Devendra Fadnavis on Thursday welcomed the GST reforms, calling them second-generation changes that will ease the tax burden on people and give a major boost to the country's economy.
Mumbai (Maharashtra) [India], September 4: CREDAI-MCHI, the apex body of real estate developers in the Mumbai Metropolitan Region (MMR), wholeheartedly welcomes the landmark Next-Gen GST Reforms announced by Prime Minister Narendra Modi and approved in the 56th GST Council meeting chaired by
Industry associations and trade bodies across sectors have welcomed the Goods and Services Tax (GST) rate cuts announced by the government. Speaking to ANI, representatives from various sectors stated that the reforms would make the Indian industry more competitive and directly benefit consu
Sunil Vachani, Chairman of Dixon Technologies, has hailed the recent GST reforms as "path-breaking", predicting a major boost for the consumer electronics sector.
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to significantly boost consumption in the coming months, coinciding with the onset of the festive season.
The Centre's decision to rationalise GST rates to two slabs - 5% and 18%, applicable from September 22, 2025, is expected to boost the country's GDP by 0.2-0.3% in the financial year 2025-26, according to Bank of Baroda economist Sonal Badhan.
While speaking to ANI, Bihar Deputy CM said, "I thank the Prime Minister and the Finance Minister that under their guidance, the entire GST Council has passed it. The concerns of farmers, the common man, and the entire Indian economy have been addressed. The medical sector has been completel
The central government's decision to reduce the Goods and Services Tax (GST) on cement and steel has been hailed as a game-changing move by leaders from the real estate industry.
The rally returned to Indian equity markets on Thursday as the government's move to rationalize Goods and Services Tax (GST) rates boosted investor sentiment.
In a social media post on X, the Union Minister stated that these reforms aim to improve the ease of living for citizens, adding that it will focus on creating a stable, transparent, and growth-oriented tax system that will benefit farmers, the middle class, MSMEs, and businesses.