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.
Haryana Chief Minister Nayab Singh Saini today urged traders across the state to ensure that the full benefits of the Central Government's reduced GST rates are passed on to consumers.
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.
Speaking to the media at his residence, the chief minister said, "the central government implemented the GST in 2017 and fixed the GST rate. Will the central government, which has collected higher rates for the last eight years, return that money? The center is busy patting itself on the
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
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
Inflation in the current financial year and the next financial year (FY27) is likely to be much lower than the Reserve Bank of India's (RBI) projections, according to a report released by the State Bank of India (SBI).
The Reserve Bank of India (RBI) on Wednesday revised its inflation target for the current financial year to 2.6 per cent, marking a significant moderation from earlier projections.
Uttarakhand Chief Minister Pushkar Singh Dhami interacted with shopkeepers and the traders in Garhi Cantt Market, Dehradun, on Sunday, as part of a public awareness campaign to promote the adoption of indigenous products and spread information about the new GST rates.
Speaking to ANI, Singh said, "Before Diwali, Prime Minister Modi gave a big gift by reducing the GST rates. This is a big gift for every section and people are very happy...India will become the Vishwaguru and Viksit Bharat by fulfilling the vision of Atmanirbhar Bharat on the strength of it