Search For "gst rates"
Cigarette volumes expected to fall as new duty takes effect: Crisil Rating
Updated : 1 month, 2 weeks ago IST
Crisil Ratings reports that the domestic cigarette industry is preparing for a 6-8 per cent volume reduction in the next fiscal year. This follows the imposition of additional excise duties and an increase in GST rates effective February 1. Under the new tax structure, the compensation ce
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"High GST rates have reduced consumers' ability to spend": Retailer
Updated : 1 month, 2 weeks ago IST
Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand. This fall in consumption has directly impacted retail businesses, particularly small traders who depend on steady daily sales." He noted that while the Central Governm
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GST cut on air purifiers lies solely within GST Council's domain: Centre t
Updated : 2 months ago IST
Placing its stand on record, the Centre contended that the GST Council, constituted under Article 279A of the Constitution, is an instrument of cooperative federalism comprising the Union and all States, and is the sole body empowered to recommend GST rates, exemptions and classifications
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Indian auto industry closes 2025 on firm footing, broad-based sales growth
Updated : 2 months, 1 week ago IST
India's automobile industry wrapped up calendar year 2025 on a strong footing, with most major manufacturers reporting robust year-on-year growth in December, driven by healthy consumer demand, improved rural sentiment, infrastructure spending, and on the back of a favourable macroeconomi
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Rajasthan CM orders target-based plan to boost revenue, steps up action ag
Updated : 3 months ago IST
Chairing a review meeting with officials from the Excise, Transport, Commercial Taxes, and Registration & Stamps departments, the Chief Minister said the government is committed to inclusive growth and the welfare of all sections of society. He stressed that improved revenue performan
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Auto sales booms in November across sectors, Ashok Leyland sold 29% more,
Updated : 3 months, 1 week ago IST
Vehicle sales across categories performed exceedingly well in November, continuing robust performance since the reduced GST rates on vehicles came into effect this Navratri.
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FMCG growth dips in Q2 FY26 on GST transition, but strong H2 revival seen:
Updated : 3 months, 2 weeks ago IST
India's fast-moving consumer goods (FMCG) sector witnessed a brief moderation in growth during Q2 FY26 due to the impact of revised GST rates, but industry players remain upbeat about a strong revival in the second half of the fiscal, according to a latest sector update by Anand Rathi Resear
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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 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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