The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare, and education. The measures, announced after the 56th meeting of the Council chaired by Union Finance Ministe
Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday expressed gratitude to Prime Minister Narendra Modi on behalf of the people of Uttarakhand for the recent Goods and Services Tax reforms, which will come into effect from Monday.
As the Goods and Services Tax (GST) reforms come into effect on September 22, Sudarshan Jain, Secretary General, Indian Pharmaceutical Alliance (IPA), lauded the GST cut in the health sector and called it a "transformative shift" for the industry.
Union Finance Minister Nirmala Sitharaman on Saturday participated in the Tamil Nadu Matchbox Industry Centenary Celebration held at the SSTM College campus in the Kovilpatti area of Thoothukudi district.
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
Allanasons' Fauzan Alvi highlighted India's growing influence in global export of Agricultural goods and suggested that New Delhi can be a food basket for the world.
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
Acting on specific intelligence, officers of the Central Goods & Services Tax (CGST) Commissionerate, Ludhiana, conducted multiple search operations in Punjab's Ludhiana district on Tuesday and unearthed a massive fake GST invoice racket worth ₹455 Crore, officials said on Wednesday.
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.
GST 2.0 is set to almost triple the share of items taxed at 5 per cent, rising from 54 consumption categories under GST 1.0 to 149 categories under GST 2.0, as per a recent study by FICCI CASCADE. For rural households, the share of exempt and merit goods in their consumption basket will rise