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GST reforms were in making for 1.5 years: Nirmala Sitharaman
Updated : 7 months, 4 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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Next-gen GST reforms to drive demand, localisation, jobs and global value
Updated : 7 months, 4 weeks ago IST
The rate reductions will make essential products more affordable for citizens while strengthening domestic manufacturing, supporting MSMEs and start-ups, and advancing the goals of Digital India and Aatmanirbhar Bharat, as per a release by the Ministry of Electronics & IT.
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Dairy Day Ice Creams Celebrates the Goodness of the New GST Structure
Updated : 7 months, 4 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 : 7 months, 4 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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Krishival Foods Limited Welcomes GST Cut on Nuts, Dried Fruits and Ice Cre
Updated : 7 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], September 9: Krishival Foods Limited has welcomed the reduction in the GST rate for nuts, dried fruits and ice cream as confirmed at the 56th GST Council meeting. The GST on products such as Brazil nuts, almonds, pistachios, and other dried fruits has been reduc
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Life insurance companies dismiss GST exemption concerns, see limited impac
Updated : 7 months, 4 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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Cupid Limited Welcomes GST Rate Rationalization as a Big Boost to FMCG Gro
Updated : 7 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], September 9: Cupid Limited (BSE - 530843, NSE - CUPID), - Cupid Limited today welcomed the landmark recommendations of the 56th GST Council meeting, which announced sweeping reductions in Goods & Services Tax (GST) rates across a wide range of essential and cons
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Rajnath Singh interacts with students of Navy Children School, as part of
Updated : 7 months, 4 weeks ago IST
As part of the Diamond Jubilee celebrations of Navy Children School (NCS), Delhi, Defence Minister Rajnath Singh interacted with the students and the Principal of the school at South Block, New Delhi today. Addressing the students, the Defence Minister encouraged them to dream with purpose,
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Gujarat industry associations, meet CM Patel; welcome Centre's new GST ref
Updated : 7 months, 4 weeks ago IST
According to a release, under the leadership of Prime Minister Narendra Modi, the recently implemented Next-Gen GST reforms have been welcomed positively by Gujarat's business organisations.
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PM Modi outlines "Garv se kaho ye swadeshi hai" theme to promote and educa
Updated : 7 months, 4 weeks ago IST
The Prime Minister emphasised the theme "Garv se kaho ye swadeshi hai" and mentioned that the MPs should organise 20 to 30 trader conferences in their respective constituencies so that traders and shopkeepers can be educated and briefed about the GST reforms.
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Single rate GST structure possible once India achieves Income Parity, says
Updated : 7 months, 4 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 : 7 months, 4 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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