Search For "gst cut"
GST Cut Brings Major Relief to Health Insurance Premium
Updated : 5 months, 1 week ago IST
New Delhi [India], September 17: The 18% GST on health insurance premium will be removed starting September 22, 2025, offering significant cost relief to families across India. This change means that policyholders will no longer pay this tax on premium, effectively reducing the average premi
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Mother Dairy says GST cut benefits for consumers effective Sept 22; UHT mi
Updated : 5 months, 1 week ago IST
Mother Dairy, a wholly owned subsidiary of National Dairy Development Board (NDDB), today announced a reduction in the consumer prices of select value-added dairy products and processed foods (under Safal brand), aligning with the recent GST reforms announced by the Government of India. Read More
RBI likely to cut rates by 25 bps each in Oct, Dec MPC; CPI may avg at 2.4
Updated : 5 months, 1 week ago IST
The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley.
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"Whenever Bihar moves forward...they get busy insulting": PM Modi slams Co
Updated : 5 months, 1 week ago IST
Prime Minister Narendra Modi on Monday slammed the Congress and Rashtriya Janata Dal (RJD) parties for allegedly insulting Bihar, citing a now-deleted social media post by the Congress's Kerala unit, referring to the GST cut on the tobacco product, beedi.
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Auto leaders hail GST cuts as boost for car buyers, see festive surge ahea
Updated : 5 months, 1 week ago IST
Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki, said that the new GST rates would help customers who want to switch to four-wheelers. "The gift given by our honourable Prime Minister to the customers of India, we hope that those who want to upgrade to 4 wheeler
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GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to d
Updated : 5 months, 1 week 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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Krishival Foods Limited Welcomes GST Cut on Nuts, Dried Fruits and Ice Cre
Updated : 5 months, 1 week 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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Food-processing sector a major beneficiary of GST cuts, solving classifica
Updated : 5 months, 1 week 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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Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Cri
Updated : 5 months, 1 week ago IST
The reduction in GST rates is forecast to drive a 200 basis points (bps) upshift in two-wheeler demand and a 100 bps increase for PVs, the report added.
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GST cut on farm equipment to boost farmer profits: Agriculture Minister
Updated : 5 months, 1 week ago IST
Chouhan said that GST on bio-pesticides and micro-nutrients has been reduced, which will benefit farmers. Additionally, the trend of farmers shifting towards bio-fertilisers will likely increase. In the dairy sector, there will now be no GST on milk and cheese. This will not only benefit the
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GST cut on cement will bring brighter prospects for industry: Nuvama
Updated : 5 months, 1 week ago IST
The reduction in GST on cement from 28 per cent to 18 per cent is expected to be a game-changer for the sector, according to a sector report by Nuvama Institutional Equities.
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GST rate rationalisation to cause Rs 10,664-crore shortfall in IGST receip
Updated : 5 months, 1 week ago IST
The central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalization, according to an analysis report by the Global Trade Research Initiative (GTRI).
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