"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
Bharatiya Janata Party (BJP) MP Tejashwi Surya on Thursday lauded the Prime Minister Narendra Modi for the Goods and Services Tax (GST) reforms, saying that these reforms are historic and by rationalising tax evasion, a new dimension has been given to the entire economy.
"India's economy is entering a new era under the visionary leadership of Prime Minister Modi. This is not just a tax reform but a decisive and important step towards making India a leading economy in the global market with a high growth rate. Hearty congratulations to PM Modi and Union Finan
Prime Minister Narendra Modi on Thursday said that the upcoming GST reforms mark a significant step in making India self-reliant, calling them the "next-generation" of changes required to strengthen the economy and ease compliance for citizens and a "double dhamaka" of happiness before th
"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
South Korea's economy has shown signs of recovery, with a 0.7 per cent growth in the second quarter of 2025, slightly surpassing the Bank of Korea's earlier estimate of 0.6 per cent, "thanks to stronger consumption and exports", Maeil Business Newspaper reported, citing the country's central
New Delhi [India], September 4: i.AI, India's homegrown social media platform, is setting new benchmarks in the digital economy by aligning with the Prime Minister's vision of self-reliance. Designed as more than just another social platform, i.AI is creating a comprehensive ecosystem where
Union Minister Jitan Ram Manjhi highlighted the significant contribution of Micro, Small, and Medium Enterprises (MSMEs) in India's GDP, saying the sector contributed 31% to India's Gross Domestic Product (GDP).
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.
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
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