Search For "goods and services"
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 revenue in FY26 to exceed budget estimates, says SBI Research
Updated : 4 months, 1 week ago IST
The Goods and Services (GST) revenue for the Financial Year 2026 (FY26) will still be higher than budgeted collections, says SBI Research.
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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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Decoding the New GST Rules on Health Insurance Premiums: Will it Really Lo
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], October 30: If you have been pricing a new mediclaim policy or preparing for renewal, you have probably heard about the new Goods and Services Tax rules. From 22 September 2025, individual health insurance premiums carry 0% GST. That is a major regulatory change
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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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Nirmala Sitharaman inaugurates new CGST Bhawan in Ghaziabad
Updated : 4 months, 3 weeks ago IST
Nirmala Sitharaman, Minister of Finance and Corporate Affairs, inaugurated the new Central Goods and Services Tax (CGST) Bhawan in Ghaziabad. Addressing officials and dignitaries, she emphasized the need for the next generation of GST reforms to focus on transparency, efficiency, and resp
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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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