Search For "gst rationalisation"
Central govt's revenue loss due to GST rate reduction will be Rs 3700 cror
Updated : 5 months, 1 week ago IST
The revenue loss of the central government due to the recent GST rate reduction will be around Rs 3,700 crore in FY26, as higher growth and a boost in consumption have reduced the impact on revenues, according to a report by the State Bank of India (SBI).
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GST rationalisation progressive step, big booster to India's economic grow
Updated : 5 months, 1 week ago IST
"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's econo
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GST rate rationalisation to boost consumer electronics market: Dixon Techn
Updated : 5 months, 1 week ago IST
Sunil Vachani, Chairman of Dixon Technologies, has hailed the recent GST reforms as "path-breaking", predicting a major boost for the consumer electronics sector.
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"Step in the direction of ensuring an Atmanirbhar Bharat": Piyush Goyal la
Updated : 5 months, 1 week ago IST
Speaking at the IPHEX 2025 International Exhibition on Pharma and Healthcare, the Union Minister said, "Yesterday's GST reforms are a step in the direction of ensuring an Atmanirbhar Bharat, an India which is self-sufficient, self-reliant, an India whose supply chains are self-reliant, an
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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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"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 5 months, 1 week 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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Sitharaman announces significant simplification in GST to dual rate struct
Updated : 5 months, 1 week ago IST
In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
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Industry leaders call for single-window clearances, GST rationalisation to
Updated : 6 months, 3 weeks ago IST
Seeking to cut red tape and speed up expansion plans, top leaders from the retail and FMCG sectors on Tuesday urged the government to simplify compliance processes through a common portal, rationalise GST rates, and streamline licensing norms.
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Nifty 50 may touch 28,000 due to GST rationalisation; a growth-accretive r
Updated : 6 months, 3 weeks ago IST
The Indian stock markets could see a major boost over the coming year as the government's move to rationalize Goods and Services Tax (GST) is expected to lift growth and sentiment.
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Upcoming GST reforms improve India's outlook for consumption, demand: Morg
Updated : 6 months, 4 weeks ago IST
In the Independence Day speech from the ramparts of the Red Fort, Prime Minister Narendra Modi announced upcoming next-gen GST reforms before Diwali so as to benefit consumers, small industries and MSMEs.
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GST rationalisation to boost consumer sentiment and drive demand: Report
Updated : 6 months, 4 weeks ago IST
The government's recent decision to rationalise Goods and Services Tax (GST) rates is likely to ramp up domestic demand and lift consumer sentiment, according to a report by Centrum Institutional Research.
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