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Indian stock benchmarks extend gains; Sensex gains 213 points, Nifty tops
Updated : 9 months, 1 week ago IST
Over the past five sessions, the Sensex has advanced around 2.3 per cent and the Nifty about 2 per cent, lifted by optimism around proposed Goods and Services Tax (GST) reforms. Experts note that strong domestic inflows and stable global cues have further strengthened investor confidence.
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Industry leaders call for single-window clearances, GST rationalisation to
Updated : 9 months, 1 week ago IST
Seeking to cut red tape and speed up expansion plans, top leaders from the retail and FMCG sectors on Tuesday urged the government to simplify compliance processes through a common portal, rationalise GST rates, and streamline licensing norms.
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GST 2.0 rationalisation expected to boost consumption by Rs 1.98 lakh cror
Updated : 9 months, 1 week ago IST
The report estimated that the GST 2.0 regime, while involving an average revenue loss of Rs 85,000 crore, has resulted in a substantial consumption boost of Rs 1.98 lakh crore.
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Bill to promote and regulate online gaming sector likely to be introduced
Updated : 9 months, 1 week ago IST
A bill to promote and regulate the online gaming sector including e-sports, educational games and social gaming and to provide for the appointment of an Authority for coordinated policy support, strategic development and regulatory oversight of the sector is slated to be introduced in Lok
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Indian markets close higher on GST reform hopes, Russia-Ukraine peace deve
Updated : 9 months, 2 weeks ago IST
Indian stock markets ended on a positive note, extending their upward momentum as the market participants reacted positively to the upcoming GST reforms and developments in the Russia-Ukraine peace talks.
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GST reforms to boost affordability and consumption across sectors: Report
Updated : 9 months, 2 weeks ago IST
The proposed Goods and Services Tax (GST) reforms are set to significantly impact various sectors by reducing tax rates, enhancing affordability, and boosting consumption, said a report by Systematix Research.
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Sathlokhar Synergys E&C Global Limited Secures Four New Orders Worth INR 3
Updated : 9 months, 2 weeks ago IST
Chennai (Tamil Nadu) [India], August 19: Sathlokhar Synergys E&C Global Limited (NSE: SSEGL), Sathlokhar Synergys E&C Global Limited, one of Chennai's leading EPC players specialising in integrated infrastructure solutions, has announced the receipt of four new project orders with
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Nifty 50 may touch 28,000 due to GST rationalisation; a growth-accretive r
Updated : 9 months, 2 weeks ago IST
The Indian stock markets could see a major boost over the coming year as the government's move to rationalize Goods and Services Tax (GST) is expected to lift growth and sentiment.
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Govt fiscal deficit may widen by 0.2% due to GST changes, but growth gains
Updated : 9 months, 2 weeks ago IST
The government's fiscal deficit could see a short-term increase due to proposed changes in the Goods and Services Tax (GST) structure, but the growth boost is expected to outweigh the temporary slippage, according to a report by Emkay Research.
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Small cars may get cheaper by 8% if GST reduced from current rate: HSBC Re
Updated : 9 months, 2 weeks ago IST
The prices of small cars in India could see a reduction of about 8 per cent if the government decides to bring down the current Goods and Services Tax (GST) rate from 28 per cent to 18 per cent, according to a report by HSBC.
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Fiscal cost of proposed GST rate rationalisation to be manageable: Report
Updated : 9 months, 2 weeks ago IST
The fiscal cost of the government's proposed Goods and Services Tax (GST) rate rationalisation will remain manageable, according to a UBS report, which estimates the revenue loss to be about Rs. 1.1 trillion annually, or 0.3 per cent of GDP.
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Upcoming GST reforms improve India's outlook for consumption, demand: Morg
Updated : 9 months, 2 weeks ago IST
In the Independence Day speech from the ramparts of the Red Fort, Prime Minister Narendra Modi announced upcoming next-gen GST reforms before Diwali so as to benefit consumers, small industries and MSMEs.
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