Search For "goods and services"
"Very revolutionary decision": Shivraj Singh Chouhan welcomes Centre's new
Updated : 5 months, 2 weeks ago IST
Union Agriculture Minister Shivraj Singh Chouhan on Thursday welcomed the government's decision to reduce the Goods and Services Tax (GST) on agricultural equipment from 12-18 per cent to five per cent, describing it as a "very revolutionary decision" for farmers, animal rearers, and fisher
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No impact on pouched milk prices because of GST rationalisation as GST on
Updated : 5 months, 2 weeks ago IST
There will be no impact on packaged milk prices because of Goods and Services Tax (GST) changes from September 22nd.
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GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to d
Updated : 5 months, 2 weeks ago IST
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda.
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India's GST reforms to be credit positive for consumption-focused issuers:
Updated : 5 months, 2 weeks ago IST
The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.
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GST rate drones slashed to 5%
Updated : 5 months, 2 weeks ago IST
Under the new Goods and Services Tax (GST) reforms, a uniform GST of 5% has been introduced for all drones, regardless of whether the camera is integrated or separate and irrespective of whether they are used for commercial or personal purposes, said the Union Ministry of Civil Aviation in a
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GST reforms were in making for 1.5 years: Nirmala Sitharaman
Updated : 5 months, 2 weeks ago IST
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman said at an NDTV summit Tuesday.
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Dairy Day Ice Creams Celebrates the Goodness of the New GST Structure
Updated : 5 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], September 9: Dairy Day, one of India's most loved ice cream brands, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The brand believes that this reform is one of the most significant milestones after th
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GST reforms were long overdue, there were too many rates, says Jamshyd God
Updated : 5 months, 2 weeks ago IST
Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the need for resilience in the face of global disruptions.
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Life insurance companies dismiss GST exemption concerns, see limited impac
Updated : 5 months, 2 weeks ago IST
Life insurance companies have dismissed concerns over the impact of Goods and Services Tax (GST) exemption on input tax credit, saying they have strategies in place to manage the situation.
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Single rate GST structure possible once India achieves Income Parity, says
Updated : 5 months, 2 weeks ago IST
India could move towards a single Goods and Services Tax (GST) rate structure once the country achieves income parity across different segments of society, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said in an exclusive interview.
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Kia India extends full GST benefits to customers
Updated : 5 months, 2 weeks ago IST
Kia India, on Monday, announced that it will pass on the complete benefit of the recent Goods and Services Tax (GST) reduction to customers across its entire ICE portfolio, effective 22 September 2025.
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Food-processing sector a major beneficiary of GST cuts, solving classifica
Updated : 5 months, 2 weeks ago IST
The food-processing sector has been a major beneficiary of the recently announced rationalisation of GST rates, with most products witnessing a decline to a 5 per cent GST slab.
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