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.
The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley.
Mumbai (Maharashtra) [India], September 16: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22
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.
Prime Minister Narendra Modi on Monday slammed the Congress and Rashtriya Janata Dal (RJD) parties for allegedly insulting Bihar, citing a now-deleted social media post by the Congress's Kerala unit, referring to the GST cut on the tobacco product, beedi.
Prime Minister Narendra Modi on Monday emphasised his government's focus on the welfare of the common people, 'Sabka Saath Sabka Vishwas', contrasting it with opposition parties like RJD and Congress, which he said prioritise their own families.
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.
Household budgets across India are likely to see some relief following the recent revision in Goods and Services Tax (GST) rates, according to a report by PwC.
Following the Goods and Services Tax (GST) overhaul and reducing the Services Tax slabs to two, Bharatiya Janata Party (BJP) National General Secretary Tarun Chugh lauded Prime Minister Narendra Modi and said that the Delhi BJP passed a vote of thanks and trade organisations in Delhi would c
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.