Search For "gst rate"
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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"NDA will form government with thumping majority in Bihar" says Rajasthan
Updated : 4 months, 3 weeks ago IST
Rajasthan Deputy Chief Minister Diya Kumari on Tuesday expressed confidence in the NDA's success in the upcoming Bihar election and stated that the NDA will form a government with a thumping majority in Bihar. Speaking with ANI about the Bihar election, she said, "In Bihar, the NDA will f
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"Because of the GST reduction, people bought more sweets, clothes": Varana
Updated : 4 months, 3 weeks ago IST
"Because of the GST rates reduction, people bought more clothes, sweets, and decorative items. The enthusiasm was at an all-time high, and our society broke all previous records for fireworks," Vijay Singh, a local resident said.
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GST reforms spark festive sales surge, say Union Ministers
Updated : 4 months, 3 weeks ago IST
Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Electronics & IT Minister Ashwini Vaishnaw on Saturday hailed the recent GST rate rationalisation as a major driver of economic momentum during this year's festive season.
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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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GST cuts and festive cheer drive surge in housing demand; Tier-2 and Tier-
Updated : 4 months, 4 weeks ago IST
India's housing market is witnessing renewed optimism ahead of the festive season, fuelled by recent Goods and Services Tax (GST) reductions on key construction materials. The rationalisation of GST rates on cement, marble, granite, and bricks is estimated to lower construction costs, giving
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"India will not only meet but exceed IMF's estimates": Union Minister Piyu
Updated : 5 months ago IST
Union Minister of Commerce & Industry, Piyush Goyal highlighted on Wednesday the International Monetary Fund's (IMF) recent revision of India's growth estimate, which increased from 6.4% to 6.6% for this year, stating that this upward revision is an indication to India's strengthened
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Reduced GST rates on Pashmina increased business potential for artisan ent
Updated : 5 months ago IST
Singh's statement came as he visited the two-day "The Splendour of Kashmir" exhibition organised at the national capital with the support of FICCI-FLO.
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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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New GST rates giving big relief to farmers: Union Minister Shivraj Singh C
Updated : 5 months ago IST
"Just now after reducing the GST on agricultural machines, a big relief to farmers has been given...around Rs 23,000 will be saved small tractors. For 35 power tractor around Rs 43 thousand will be saved. For larger tractors around Rs 65 thousand will be saved. Different equipment has bee
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GST rate rationalization yet to play out meaningfully: HDFC Securities Rep
Updated : 5 months ago IST
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
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