Search For "goods and services tax gst"
ICRA raises India's 2025-26 credit growth projection on stronger demand, l
Updated : 4 months ago IST
Rating agency ICRA has revised upwards its projection of credit expansion in India for 2025-26 from its previous estimate, noting that improved demand post the recent Goods and Services Tax (GST) rationalisation, and liquidity boosts via the cash reserve ratio (CRR) cuts would support offtak
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Life Insurance industry posts 21% annual growth despite slowdown in Oct du
Updated : 4 months ago IST
The life insurance industry witnessed a decline in new business premiums (NBP) in October 2025, primarily due to the recent Goods and Services Tax (GST) exemption on life insurance premiums.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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GST numbers post rate cut reflect sustained consumer demand in October: Go
Updated : 4 months, 1 week ago IST
Gross Goods and Services Tax (GST) collections for October 2025 stood at Rs 1,95,936 crore, marking a 4.6 per cent rise from Rs 1,87,346 crore collected in the same month last year, according to a government release. The increase reflects strong consumer spending and trade activity, parti
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GST collections rise 4.6% to Rs 1.95 lakh crore in October
Updated : 4 months, 2 weeks ago IST
The Goods and Services Tax (GST) collections in October, in gross terms, rose 4.6 per cent to about 1.95 lakh crore compared to about 1.87 lakh crore in the same month last year, according to official data released Saturday.
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Zero GST on health insurance plans sparks 38% surge in demand: Report
Updated : 4 months, 2 weeks ago IST
The government's move to remove Goods and Services Tax (GST) on health insurance plans has triggered a sharp rise in demand, with the overall uptake for higher health insurance coverage surging by 38 per cent, according to a report by Policybazaar.
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Slowdown in India's industrial output in H1FY26 will be offset in H2FY26 b
Updated : 4 months, 2 weeks ago IST
The slowdown in India's industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and Services Tax (GST) rationalisation, early arrival of the festive season, and lower inflation, according to a report by Bank of Baroda.
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How Will the GST Tax Reforms Affect the Common Man?
Updated : 4 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], October 24: The Goods and Services Tax (GST) has been a game-changer in India's taxation system since its rollout in 2017. After almost two decades of deliberation and planning, the country adopted a unified tax structure aimed at simplifying the complex web of
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"Expect to surpass Rs 5 Lakh Crore trade this Diwali": BJP MP Praveen Khan
Updated : 4 months, 3 weeks ago IST
Bharatiya Janata Party MP Praveen Khandelwal said on Monday that trade of Rs five lakh crore is expected this Diwali season. He noted the demand for made-in-India products and the recently enacted significant relaxations to the Goods and Services Tax (GST) regime.
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GST rationalisation to boost organised apparel retail revenue growth by 20
Updated : 4 months, 3 weeks ago IST
The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.
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GST cuts and festive cheer drive surge in housing demand; Tier-2 and Tier-
Updated : 5 months ago IST
India's housing market is witnessing renewed optimism ahead of the festive season, fuelled by recent Goods and Services Tax (GST) reductions on key construction materials. The rationalisation of GST rates on cement, marble, granite, and bricks is estimated to lower construction costs, giving
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GST rate rationalization yet to play out meaningfully: HDFC Securities Rep
Updated : 5 months, 1 week ago IST
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
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