Search For "goods and services"
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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Reformed GST slabs trigger surge in market and consumer confidence
Updated : 4 months, 3 weeks ago IST
A renewed sense of enthusiasm and momentum has been felt across markets, industry, business circles, and among the general public, following recent reform in tax slabs of the Goods and Services (GST), said Union Commerce and Industry Minister Piyush Goyal during a press conference co-headed
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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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India-EU FTA held in Brussels; parallel talks ongoing with many other coun
Updated : 5 months ago IST
The 14th round of negotiations for India-EU FTA, held from October 6 to 10, 2025, in Brussels, covered 12 policy areas and 91 technical sessions. Discussions centred on market access for goods and services, Rules of Origin, Sanitary and Phytosanitary (SPS) measures, and Technical Barriers to
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GST rate rationalization yet to play out meaningfully: HDFC Securities Rep
Updated : 5 months 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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Wholesale beat automobile demand estimates in September: Report
Updated : 5 months, 1 week ago IST
India's automobile industry recorded a strong rebound in September 2025, with wholesale volumes across all major vehicle segments surpassing expectations, according to a report by ICICI Securities. The demand revival came after the Goods and Services Tax (GST) reduction on September 22, whic
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India's Consumption Story: What Rising Middle Class Means for Investors
Updated : 5 months, 1 week ago IST
Pune (Maharashtra) [India], October 3: India's consumption patterns have been evolving, shaped by factors such as income growth, urbanisation, and changing lifestyles. The expanding middle class is often viewed as an important part of this trend, influencing demand across a wide range of goo
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GST rate cuts to boost Uttar Pradesh's craft and industrial clusters
Updated : 5 months, 1 week ago IST
The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, impr
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GST collections rise 9.1% to Rs 1.89 lakh crore in September, marking 2nd
Updated : 5 months, 1 week ago IST
India's Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year.
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Punjab delegation calls on 16th Finance Commission Chairman, seeks special
Updated : 5 months, 1 week ago IST
Finance Minister Harpal Singh Cheema highlighted the immense strain placed on Punjab's finances due to its unique status as a frontline border state, recent natural calamities, and the structural disadvantages arising from the shift to the Goods and Services Tax (GST) regime.
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"Bayaan Bahadur": PM Modi slams oppn over criticism on GST reforms
Updated : 5 months, 1 week ago IST
"In 2014, when the Congress government was in power. 'Yeh Bayaan-bahadur' are experts at making false statements every day. But let me expose them. What was the state of income tax in our country until 2014? Incomes above 2 lakh rupees were taxable. Today, incomes up to 12 lakh rupees are
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"MODI stands for Mission Of Developed India": BJP's CR Kesavan lauds PM fo
Updated : 5 months, 1 week ago IST
The Goods and Services Tax (GST) reforms, approved by the Union Government on September 4, came into effect on September 22. GST 2.0 features two main tax slabs, 5% and 18%, with a 40% compensation cess for luxury and sin goods.
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