Rationalisation of tax rates on construction material is expected to cut the construction cost for the real estate sector by 3.5 to 4.5 per cent, according to a report by Crisil Intelligence. The government has announced to cut GST rates on cement, marble, granite, sand, bricks, etc substant
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.
The central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalization, according to an analysis report by the Global Trade Research Initiative (GTRI).
The UK and UN have stepped up aid for Pakistan as severe floods hit northern regions and Punjab, with Sindh at risk, Dawn reported. Funds support early warning systems, evacuations, medical aid, and livestock protection. Health advisories warn of waterborne and vector-borne diseases, while n
The Union Government brought about pathbreaking reforms in the existing Goods and Services Tax (GST) structure on September 3. The step would bring a long expected relief to the common man and materialize Prime Minister Narendra Modi's vision as announced in his speech from the ramparts of t
Indian stock benchmarks had a bumper opening bell Thursday, expectedly so, pushed by massive next-generation GST reforms brought in overnight, sparking investors' interest in the markets. As the day progressed, the indices, however, slid down and closed the day somehow marginally higher t
Insurance companies are expected to face a setback in the short run following the GST Council's recent exemption on GST, as it could lead to the loss of input tax credit eligibility, said industry experts and executives, adding that the companies, however, will benefit in the long term.
Rashtriya Swayamsevak Sangh (RSS) Akhil Bharatiya Prachar Pramukh Sunil Ambekar on Thursday said that around 320 workers will attend the organisation's all-India coordination meeting in Jodhpur, which is going to be held from September 5 to 7.
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.
Bandung [Indonesia], September 4: Southeast Asia's appetite for animal protein is accelerating, with consumption expected to grow more than 20% by 2031, fueled by rising incomes, urbanization, and population growth[1]. In response, the U.S. Soybean Export Council (USSEC) hosted the inaugural