While the government has estimated an annual revenue loss of about Rs 480 billion, due to the reduced Goods and Services Tax (GST) rates on various products, a recent report by Systematix Research has pegged the figure much higher, at nearly Rs 1.2 trillion.
New Delhi [India], September 20: The South Indian Cement Manufacturers' Association (SICMA) expresses its sincere appreciation to the Hon'ble Prime Minister, Shri Narendra Modi, and the Hon'ble Union Finance Minister, Smt. Nirmala Sitharaman, for the landmark decision to reduce Goods and Ser
Bengaluru (Karnataka) [India], September 19: Stovekraft Limited, India's leading manufacturer of kitchen appliances and cookware, has welcomed the Government's revised Goods and Services Tax (GST) framework. The company described it as a timely step that makes everyday kitchen essentials mor
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday praised the recent Goods and Services Tax (GST) rate reforms announced by the central government, describing them as a "Diwali gift" from Prime Minister Narendra Modi to the nation.
Bharatiya Janata Party National Secretary Anil K Antony on Tuesday lauded the recently announced Goods and Services Tax reforms, saying that almost 99% of the goods across the country will see a price decrease, which will help every common man.
The Supreme Court Bar Association (SCBA) has written to Union Finance Minister Nirmala Sitharaman seeking exemption from Goods and Services Tax (GST) levied on group insurance premiums paid by its members.
New Delhi [India], September 16: ChileNut, the association representing Chilean walnut growers and exporters, along with ProChile, an institution under Chile's Ministry of Foreign Affairs that promotes Chilean goods and services worldwide, has officially launched the new season of Chilean wa
Consumer companies are expected to report improved performance in the second half of the current financial year, aided by festive season demand and the benefits of Goods and Services Tax (GST) reforms, Systematix Research said in a report.
Household budgets across India are likely to see some relief following the recent revision in Goods and Services Tax (GST) rates, according to a report by PwC.
Following the Goods and Services Tax (GST) overhaul and reducing the Services Tax slabs to two, Bharatiya Janata Party (BJP) National General Secretary Tarun Chugh lauded Prime Minister Narendra Modi and said that the Delhi BJP passed a vote of thanks and trade organisations in Delhi would c
Prices of everyday goods and services could start to come down in the coming days, as recent cuts in indirect taxes by the government begin to show their effect, according to a report by Bank of Baroda (BoB).