Solar module manufacturer, Gautam Solar Private Limited (GSPL), has announced an investment of Rs. 4,000 crore for establishing a new state-of-the-art solar cell manufacturing facility in Madhya Pradesh.
The new GST rates and slabs will have a wide-scale positive impact on the many items related to heavy industries, be it auto, transport, or auto ancillaries.
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.
Union Minister of Commerce and Industry Piyush Goyal on Monday said that India will become one of the world's top three economies in the coming two to two-and-a-half years, highlighting the country's rapid economic progress in recent years.
The month of August concluded with a 2.84 per cent year-on-year (YoY) growth, led by upticks in performances in 2-wheelers (2.18 per cent), passenger vehicles (0.93 per cent), and commercial vehicles (8.55 per cent), while tractors registered a 30.14 per cent YoY growth. Only 3-wheelers decl
The recent changes in Goods and Services Tax (GST) rules for the food services sector are expected to have a mixed impact, with food delivery platforms facing higher costs while Quick Service Restaurants (QSRs) stand to benefit from tax reductions, according to a report by Bernstein.
Speaking to ANI on Sunday, Tharoor said the Congress party has been demanding changes in the Goods and Services Tax (GST) rate slabs for several years.
"Everyone who has participated in elections has known that the electoral rolls are not perfect. There are duplicates, dead voters, and living voters who are not registered. Additionally, there are people who have moved to a new address and have two or three addresses in two or three diffe
"Now it is the duty of every trader to pass on each rupee of relief to the consumer, turning reforms into ease of living, greater demand and a more prosperous economy. This is the Modi Government's call. It is a call for fairness, for growth and for every family in India to feel the benef
Communist Party of India (CPI) General Secretary D Raja alleged that Goods and Services Tax reforms were announced to hoodwink people ahead of the elections in Bihar this year and several other states going to polls next year.
Congress National President, Mallikarjun Kharge on Sunday alleged US President Donald Trump's "pressure is mounting" and the Union Government made the Goods and Service Tax reforms when the elections are close.
Samajwadi Party (SP) president Akhilesh Yadav on Sunday criticized the Centre's recent Goods and Services Tax (GST) reforms, terming them inadequate to address inflation and accusing the government of enabling select groups to profit under the guise of the tax regime.