Search For "gst rate cut"
Maruti Suzuki Q2 domestic sales down 5.1% as buyers awaited GST rate cuts
Updated : 4 months, 2 weeks ago IST
The Board of Directors of Maruti Suzuki India Limited (MSIL) approved the financial results for the second quarter (July-September) of 2025-26, reporting steady growth in profit and sales.
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UPI tops festive season payments, transactions jump to Rs 17.8 lakh crore:
Updated : 4 months, 2 weeks ago IST
Unified Payments Interface (UPI) has emerged as the most preferred mode of payment during the festive season, reflecting strong consumer spending and a revival in demand, according to a report by Bank of Baroda.
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STIHL India welcomes GST rate cut, making advanced farming tools more affo
Updated : 4 months, 2 weeks ago IST
New Delhi [India], October 29: STIHL, a trusted name in advanced outdoor power equipment, welcomes the government's recent decision to reduce the GST rate on agricultural machinery, effective September 22, 2025. This important reform lowers the overall cost of essential farming equipment, he
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 4 months, 4 weeks ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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Auto sales see strong uptick during Navratri, festive cheer to continue in
Updated : 5 months ago IST
Auto retail sales witnessed a robust recovery during the Navratri festival, with growth ranging between 15-35 per cent year-on-year (YoY) across passenger vehicle (PV) and two-wheeler (2W) segments, driven by strong festive sentiment, according to a report by Centrum Institutional Research.
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Consumer spending expected to touch Rs 14 lakh crore this festive season:
Updated : 5 months, 1 week ago IST
With consumer sentiment getting a major boost from the recent GST rate cuts, total consumer spending during this festive season is expected to be in the range of Rs 12 lakh crore to Rs 14 lakh crore, according to a report by the Bank of Baroda.
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"More of a political CM than development CM": Basavaraj Bommai slams Sidda
Updated : 5 months, 1 week ago IST
Basavaraj Bommai, a former Karnataka Chief Minister, referred to Siddaramiah's remarks on GST reforms campaign by the Centre and said these are benefitting people.
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GST rate cuts to boost Uttar Pradesh's craft and industrial clusters
Updated : 5 months, 1 week ago IST
The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, impr
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Banking sector to see earnings recovery from Q2FY26, strong 17.7% CAGR pro
Updated : 5 months, 1 week ago IST
The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal
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Union Minister Jyotiraditya Scindia arrives in Guwahati for two-day Northe
Updated : 5 months, 1 week ago IST
Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M. Scindia, arrived in Guwahati on Friday, to begin a two-day tour of the Northeast.
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From cars to electronics, GST rate cuts spark consumer frenzy on Day 1 of
Updated : 5 months, 1 week ago IST
GST 2.0 appears to have delivered instant relief and sparked consumer joy from the very first day, reducing household expenses, reviving demand across industries, and igniting the festive season with record-breaking sales.
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GST rate cuts, income tax relief to have multiplier effect on GDP numbers:
Updated : 5 months, 1 week ago IST
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, "The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and relief anno
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