Search For "gst rate cut"
GST rate cuts welcomed in Shimla as citizens, traders say relief will boos
Updated : 5 months, 1 week ago IST
Locals pointed out that the decision to simplify slabs into primarily 5 percent and 18 percent, while lowering or eliminating GST on several essential commodities, will ease household expenses and create wider economic opportunities.
Read More
Amul revises prices of over 700 products to pass on GST rate cut benefit f
Updated : 5 months, 1 week ago IST
Amul on Saturday announced a revised price list of over 700 products offering the full benefit of GST reduction to its customers, effective September 22, the date the revised GST rates come into effect.
Read More
GST rate cuts to significantly benefit people: Uttarakhand CM
Updated : 5 months, 1 week ago IST
Uttarakhand Chief Minister Pushkar Singh Dhami on Friday said that under the leadership of Prime Minister Narendra Modi, the Central Government has significantly reduced GST rates across the country and the revised GST rates will also come into effect in the state from September 22.
Read More
Two-wheelers, cars, trucks, buses, tractors, GST reforms set to benefit al
Updated : 5 months, 1 week ago IST
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.
Read More
GST reform will supercharge Indian economy: Rice Exporters' Federation's D
Updated : 5 months, 1 week ago IST
The recently announced next-generation Goods and Services Tax (GST) reforms will significantly benefit India's agriculture sector, particularly the rice industry, Indian Rice Exporters Federation's Vice President, Dev Garg, said.
Read More
Nirmala Sitharamam says she will personally monitor whether GST benefits b
Updated : 5 months, 1 week ago IST
Finance Minister Nirmala Sitharaman has promised that she will personally monitor the passing on of GST rate cuts by the businesses to the consumers.
Read More
GST reforms most positive for footwear, quick restros, FMCG, grocery retai
Updated : 5 months, 1 week ago IST
Global financial services firm Bernstein also echoed similar sentiments to those of several other experts that the sweeping GST rate cuts will boost India's consumption.
Read More
GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 5 months, 1 week ago IST
The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
Read More
Entire GST rate reduction benefit will be passed on to common man: Union M
Updated : 5 months, 1 week ago IST
Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to implement the reforms in letter and spirit.
Read More
Industry welcomes GST rate cuts, says it will boost economy, exports and l
Updated : 5 months, 1 week ago IST
Industry associations and trade bodies across sectors have welcomed the Goods and Services Tax (GST) rate cuts announced by the government. Speaking to ANI, representatives from various sectors stated that the reforms would make the Indian industry more competitive and directly benefit consu
Read More
Auto sector welcomes GST rate cut, urges Centre to focus on electric vehic
Updated : 5 months, 1 week ago IST
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
Read More
GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 5 months, 1 week ago IST
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to significantly boost consumption in the coming months, coinciding with the onset of the festive season.
Read More