Search For "gst"
GST 2.0 to boost FMCG consumption, larger packs items to get benefit from
Updated : 5 months, 3 weeks ago IST
The latest Goods and Services Tax (GST) rate rationalization is expected to give a strong boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama.
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GST rate rationalisation to cause Rs 10,664-crore shortfall in IGST receip
Updated : 5 months, 3 weeks ago IST
The central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalization, according to an analysis report by the Global Trade Research Initiative (GTRI).
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Sectors impacted from US tariffs will get a boost from GST 2.0: Industry l
Updated : 5 months, 3 weeks ago IST
Industry bodies and experts have welcomed the government's announcement of GST 2.0, calling it a move that will simplify the tax system and reduce the burden on consumers, ultimately giving a push to the economy. Speaking to ANI, representatives from various sectors affected by the recently
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Sensex opens 300 pts higher, Nifty up 0.34%; Experts say GST 2.0 will driv
Updated : 5 months, 3 weeks ago IST
Indian stock markets continued their upward momentum on Friday with a positive opening, supported by optimism around the recently announced GST 2.0 reforms.
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"GST should either be zero-rated or have single uniform rate": Congress's
Updated : 5 months, 3 weeks ago IST
The Congress leader further added that the tax department should function in a people-friendly manner.
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Central govt's revenue loss due to GST rate reduction will be Rs 3700 cror
Updated : 5 months, 3 weeks 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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Piyush Goyal slams Opposition's 'better late than never' swipe at GST reva
Updated : 5 months, 3 weeks ago IST
Reacting to the Opposition's 'better late than never' swipe at the latest Goods and Services Tax revamp, Union Minister of Commerce and Industry Piyush Goyal said these remarks only demonstrate their ignorance. He said that Prime Minister Narendra Modi made the GST a success story over the
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Entire GST rate reduction benefit will be passed on to common man: Union M
Updated : 5 months, 3 weeks ago IST
Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to implement the reforms in letter and spirit.
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'No need to panic, negotiations underway': Union Minister Piyush Goyal on
Updated : 5 months, 3 weeks ago IST
Stressing that negotiations are underway with the United States over 50 per cent tariff on Indian goods, Union Minister of Commerce and Industry Piyush Goyal said that there is no need to "panic" as India and US will come to an equitable, balanced and fair agreement.
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"Poor, farmers, labourers, middle class to benefit": Union Minister Nityan
Updated : 5 months, 3 weeks ago IST
Union Minister Nityanand Rai hailed the reforms in the Goods and Services Tax (GST) and said that the poor people, farmers, labourers, and the middle class will benefit from the tax cuts.
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"Revolutionary reforms": Union Minister G Kishan Reddy lauds tax reduction
Updated : 5 months, 3 weeks ago IST
According to the Ministry of Finance, coal previously attracted a 5 per cent GST, along with a Compensation Cess of Rs 400/ton, prior to the rate rationalisation.
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'Decision not just for Bihar, but for whole country': MoS Finance Pankaj C
Updated : 5 months, 3 weeks ago IST
Union Minister of State (MoS) for Finance, Pankaj Chaudhary, took a jibe at the Opposition and said that the move to rationalise GST rates to two slabs of 5 per cent and 18 per cent has not been brought for the Bihar Assembly polls.
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