Search For "gst reforms"
Next-gen GST reforms: Purchasing cars, bikes, tractors gets cheaper
Updated : 5 months, 1 week ago IST
In the automobile segment, GST on petrol and petrol-hybrid cars, as well as LPG and CNG variants not exceeding 1200 cc engine capacity and 4000 mm length, has been reduced from 28 per cent to 18 per cent.
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Next-gen GST reforms: Health, life insurance made tax-free, several medica
Updated : 5 months, 1 week ago IST
These reforms, cleared by the GST Council, are expected to reduce the cost of essential medical items and health-related financial services.
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Next-gen GST reforms: Relief across sectors for Indians; check what all it
Updated : 5 months, 1 week ago IST
The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation.
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Wide ranging reforms will improve lives of our citizens: PM Modi on GST re
Updated : 5 months, 1 week ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
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56th GST Council meeting begins at New Delhi; rate rationalisation on agen
Updated : 5 months, 1 week ago IST
The two-day meeting, being held on September 3 and 4, is expected to bring significant changes to India's indirect tax structure, with discussions centred around rationalising and reducing the number of GST slabs.
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Rollout of next-gen GST reforms will help small businesses: Nirmala Sithar
Updated : 5 months, 1 week ago IST
The upcoming next-generation Goods and Services Tax (GST) reforms will further simplify tax processes and reduce compliance burdens, particularly for small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.
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GST reforms to aid consumption and sustain growth, however tariff risks cl
Updated : 5 months, 1 week ago IST
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
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Reduction in GST rates have higher multiple effect on economy, than cut in
Updated : 6 months, 2 weeks ago IST
A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
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GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 6 months, 2 weeks ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
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Robust fundamentals, reform push drive India's economic resilience: Financ
Updated : 6 months, 2 weeks ago IST
The government's recent policy initiatives, including the setting up of a Task Force for Next-Generation Reforms and the forthcoming GST reforms, deregulation initiatives of the States, coupled with the sovereign rating upgrade, are set to reduce borrowing costs, attract foreign capital, and
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AIDCF Calls for GST Relief to Safeguard Cable TV Industry
Updated : 6 months, 2 weeks ago IST
New Delhi [India], August 27: The All India Digital Cable Federation (AIDCF), the apex body representing India's Digital Multi-System Operators (MSOs), has appealed to the Government of India for a reduction in the Goods and Services Tax (GST) rate on Cable TV services from the existing 18%
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Indian stock benchmarks extend gains; Sensex gains 213 points, Nifty tops
Updated : 6 months, 3 weeks ago IST
Over the past five sessions, the Sensex has advanced around 2.3 per cent and the Nifty about 2 per cent, lifted by optimism around proposed Goods and Services Tax (GST) reforms. Experts note that strong domestic inflows and stable global cues have further strengthened investor confidence.
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