The recent GST reduction across a wide variety of products and services will, similar to other states and UTs, also impact Ladakh's rich economy, bringing relief to artisans, farmers, and small enterprises.
"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.
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
The SIAM data shows that the passenger vehicle (PV) sales reached 1.04 million units during July-September 2025, reflecting a marginal de-growth of 1.5 per cent year-on-year.
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.
Union Agriculture Minister Shivraj Singh Chouhan stated on Saturday that, under the leadership of Prime Minister Narendra Modi, the government ensured that the surge in global fertiliser prices did not impact Indian farmers.
India's automobile industry recorded a strong rebound in September 2025, with wholesale volumes across all major vehicle segments surpassing expectations, according to a report by ICICI Securities. The demand revival came after the Goods and Services Tax (GST) reduction on September 22, whic
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
New Delhi [India], September 26: In a significant move aimed at boosting the automobile sector, the Government of India has recently announced a reduction in Goods and Services Tax (GST) rates across various vehicle categories. This change is expected to make vehicles more affordable, especi
The Principal Media Advisor to the Himachal Pradesh Chief Minister, Naresh Chauhanon, on Wednesday welcomed the Centre's decision to reduce GST slabs but accused the Modi government of exploiting people for eight years under what he termed as a "Jaziya tax."