Extending 75th birthday wishes to Prime Minister Narendra Modi, Union Minister Piyush Goyal on Tuesday said that the PM has ensured development reaches every citizen of the country.
Bharatiya Janata Party National Secretary Anil K Antony on Tuesday lauded the recently announced Goods and Services Tax reforms, saying that almost 99% of the goods across the country will see a price decrease, which will help every common man.
Mother Dairy, a wholly owned subsidiary of National Dairy Development Board (NDDB), today announced a reduction in the consumer prices of select value-added dairy products and processed foods (under Safal brand), aligning with the recent GST reforms announced by the Government of India.
The sweeping GST reforms unveiled on September 3, among others, have provided a substantial relief on health care, with taxes being either fully exempted or brought down to the lowest slab.
Consumer companies are expected to report improved performance in the second half of the current financial year, aided by festive season demand and the benefits of Goods and Services Tax (GST) reforms, Systematix Research said in a report.
The ministry is stepping up efforts and boosting exports to European and Asian countries, with teams set to visit France, the UK, and Singapore in September to scout new markets and strengthen existing ones.
India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country's broader price stability, partly due to recent GST reforms.
Auto component industry leaders on Friday voiced optimism over the recent GST rationalisation and the free trade agreements (FTAs) the government is working on.
Union Agriculture Minister Shivraj Singh Chouhan on Thursday welcomed the government's decision to reduce the Goods and Services Tax (GST) on agricultural equipment from 12-18 per cent to five per cent, describing it as a "very revolutionary decision" for farmers, animal rearers, and fisher
The Government of India has taken a significant step to boost the automobile industry through rationalisation of GST rates across various vehicle categories and components.