Search For "gst rate"
"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 5 months, 2 weeks ago IST
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
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Wide ranging reforms will improve lives of our citizens: PM Modi on GST re
Updated : 5 months, 2 weeks ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
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GST rates slashed across sectors to provide Diwali bonanza for consumers
Updated : 5 months, 2 weeks ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
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LPG distributors seek GST rate cut on pipe hoses from 18% to 5%
Updated : 5 months, 2 weeks 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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Stock markets open flat ahead of GST council meeting, investors eye key de
Updated : 5 months, 2 weeks ago IST
Indian stock markets opened almost flat on Wednesday as investors waited for the outcome of the Goods and Services Tax (GST) Council meeting, where crucial decisions on GST rates are expected.
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GST reforms to aid consumption and sustain growth, however tariff risks cl
Updated : 5 months, 2 weeks ago IST
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
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Jefferies raises growth outlook for 2 wheelers, passenger vehicles amid GS
Updated : 5 months, 2 weeks 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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Potential GST cut should provide a boost to domestic auto demand: Jefferie
Updated : 5 months, 2 weeks ago IST
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene
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Reduction in GST rates have higher multiple effect on economy, than cut in
Updated : 6 months, 2 weeks ago IST
A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
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GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 6 months, 2 weeks ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
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AIDCF Calls for GST Relief to Safeguard Cable TV Industry
Updated : 6 months, 2 weeks ago IST
New Delhi [India], August 27: The All India Digital Cable Federation (AIDCF), the apex body representing India's Digital Multi-System Operators (MSOs), has appealed to the Government of India for a reduction in the Goods and Services Tax (GST) rate on Cable TV services from the existing 18%
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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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