Search For "gst rate cut"
GST rate cuts to lift India's GDP by 0.2-0.3% in FY26; stronger push forec
Updated : 5 months, 1 week ago IST
The Centre's decision to rationalise GST rates to two slabs - 5% and 18%, applicable from September 22, 2025, is expected to boost the country's GDP by 0.2-0.3% in the financial year 2025-26, according to Bank of Baroda economist Sonal Badhan.
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Cement and steel GST rate cuts to boost real estate, as it accounts for ne
Updated : 5 months, 1 week ago IST
The central government's decision to reduce the Goods and Services Tax (GST) on cement and steel has been hailed as a game-changing move by leaders from the real estate industry.
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"Appreciate Centre for realising its mistake after eight years": P Chidamb
Updated : 5 months, 1 week ago IST
Former Union Finance Minister and senior Congress leader P Chidambaram has welcomed the Centre's decision to rationalise GST rates to two slabs, stating that he appreciates the government for "realising" its mistake after eight years of its introduction on July 1, 2017.
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"WELCOME but TOO LATE": Chidambaram on GST reforms; questions Centre's mov
Updated : 5 months, 1 week ago IST
In a post on X, Chidambaram said the current GST design and rates should not have been introduced in the first place, adding that the opposition had repeatedly warned against these issues for years, but their pleas were ignored.
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Anand Mahindra calls for 'more reforms to unleash consumption, investment'
Updated : 5 months, 1 week ago IST
His remark came following the government's announcement of sweeping reductions in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agricultural inputs, and electronic appliances.
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LPG distributors seek GST rate cut on pipe hoses from 18% to 5%
Updated : 5 months, 1 week ago IST
The All India LPG Distributors Federation has appealed Finance Minister Nirmala Sitharaman to reduce the Goods and Services Tax (GST) on LPG Suraksha Hoses (LPG pipes) from 18 per cent to 5 per cent.
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Jefferies raises growth outlook for 2 wheelers, passenger vehicles amid GS
Updated : 5 months, 1 week ago IST
The auto industry is likely to get a significant boost as the government is expected to announce Goods and Services Tax rate cuts soon.
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AAP agrees to GST rate cut; demands immediate release of Punjab's pending
Updated : 6 months, 3 weeks ago IST
Punjab Finance Minister and senior AAP leader Harpal Singh Cheema said the state has suffered a loss of over Rs 1.11 lakh crore since the implementation of the Goods and Services Tax (GST), with the Centre releasing only Rs 60,000 crore so far, while more than Rs 50,000 crore remains pending
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Indian stock market ends higher on hopes of GST rate cut, rises for 6th st
Updated : 6 months, 3 weeks ago IST
The Indian stock market on Thursday ended higher on the sixth consecutive session as investors' sentiments are optimistic due to the possible Goods and Services Tax (GST) rate cut.
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Small cars may get cheaper by 8% if GST reduced from current rate: HSBC Re
Updated : 6 months, 3 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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GST slab changes unlikely soon; request for GST rate cut on insurance prop
Updated : 1 year, 6 months ago IST
She said, "I have placed the request of reducing GST on life and health insurance. I have been told that the fitment committee is looking into it."
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Govt received representations, seeking GST rate cut on knives, spoons, wat
Updated : 3 years, 3 months ago IST
Upon a query on whether the government proposes to reduce GST slabs on aforesaid items, the Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council, which is a constitutional body comprising member
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