Search For "cuts"
GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 5 months, 1 week ago IST
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.
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GST rate cuts to lift India's GDP by 0.2-0.3% in FY26; stronger push forec
Updated : 5 months, 1 week ago IST
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.
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Cement and steel GST rate cuts to boost real estate, as it accounts for ne
Updated : 5 months, 1 week ago IST
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.
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"Appreciate Centre for realising its mistake after eight years": P Chidamb
Updated : 5 months, 1 week ago IST
Former Union Finance Minister and senior Congress leader P Chidambaram has welcomed the Centre's decision to rationalise GST rates to two slabs, stating that he appreciates the government for "realising" its mistake after eight years of its introduction on July 1, 2017.
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Dalal street on Fire: Nifty, Sensex surge over 1% as GST cuts spark pre-Di
Updated : 5 months, 1 week ago IST
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.
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"WELCOME but TOO LATE": Chidambaram on GST reforms; questions Centre's mov
Updated : 5 months, 1 week ago IST
In a post on X, Chidambaram said the current GST design and rates should not have been introduced in the first place, adding that the opposition had repeatedly warned against these issues for years, but their pleas were ignored.
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Next-gen GST reforms: Relief across sectors for Indians; check what all it
Updated : 5 months, 1 week ago IST
The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation.
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GST cut on Insurance premiums may lower costs, insurers brace for near-ter
Updated : 5 months, 1 week ago IST
Health and term insurance premiums may become cheaper if the Goods and Services Tax (GST) Council approves rate cuts at its meeting, which began here on Wednesday.
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Jefferies raises growth outlook for 2 wheelers, passenger vehicles amid GS
Updated : 5 months, 1 week ago IST
The auto industry is likely to get a significant boost as the government is expected to announce Goods and Services Tax rate cuts soon.
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Silver linings in Indian economy can offset impact of US tariffs: CEA Nage
Updated : 5 months, 1 week ago IST
He backed his argument by stating that the measures taken by the government, such as direct tax cuts, forthcoming GST tax structure reforms, and the employment-linked incentives, among others, are supportive of the overall economy.
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Potential GST cut should provide a boost to domestic auto demand: Jefferie
Updated : 5 months, 1 week ago IST
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene
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Trump cuts funding for Afghan resettlement programs
Updated : 5 months, 1 week ago IST
US President Donald Trump has cut funding for Afghan resettlement programs, leaving thousands who aided American forces vulnerable to Taliban retaliation. Critics told Khaama Press the move endangers Afghan allies, undermines U.S. credibility, and poses serious risks to women and girls if pr
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