Kerala Finance Minister KN Balagopal on Saturday said that the state government has urged the Centre to continue Goods and Services Tax (GST) compensation and retain the existing structure of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), citing economic pressures o
According to the CCPA, investigations triggered by consumer complaints received through the National Consumer Helpline (NCH) revealed that several restaurants were automatically adding service charges, often around 10 per cent, to food bills without customer consent. Such practices directly
New Delhi [India], January 10: With the rise of zero brokerage trading accounts, cost transparency has become one of the most important factors for investors and traders. Zero brokerage accounts can significantly reduce traditional commission charges, which is helpful for many new users, esp
"There has always been a debate between guns and butter. But if we play smartly, one can contribute to the other. The gun can contribute to the butter. Over the past three years, most of our procurements have been from domestic sources, once we do that, we're paying 18% GST, which goes ba
Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Sanjiv, highlighted the critical role of the retail trade sector in the Indian economy and called for greater awareness of NTWB initiatives, including virtual interactive sessions. He noted that the Board's
Hyderabad (Telangana) [India], January 9: ASBL Spectra, a premium ready-to-move in gated community in Hyderabad's Financial District, has announced an innovative homebuying initiative with the launch of its 'No Registration & No GST' scheme. The scheme eliminates upfront GST and registration
Centrum estimates FMCG to post 6.6% year-on-year revenue growth in Q3FY26, driven by nearly 4% volume growth. Gross margins are projected to expand by 17 basis points year-on-year to 52.2%, while EBITDA margins may improve by 35 basis points to 26%.
Consumer staple companies are expected to witness a gradual improvement in demand from the fourth quarter of FY26, supported by stabilising trade conditions after the GST reduction and multiple measures taken by the government, highlighted a report by Motilal Oswal.
Placing its stand on record, the Centre contended that the GST Council, constituted under Article 279A of the Constitution, is an instrument of cooperative federalism comprising the Union and all States, and is the sole body empowered to recommend GST rates, exemptions and classifications
Most Indian banks recorded an increase in market capitalisation during the October-December quarter, supported by festive season demand and cuts in the goods and services tax (GST), according to S&P Global Market Intelligence data.
The auto component sector is expected to benefit from a strong order pipeline and a recovery in demand across passenger vehicles (PV), two-wheelers (2W) and three-wheelers (3W) following the recent GST cut, highlighted a report by Centrum.
The margins of consumer staple companies are expected to improve in the fourth quarter of FY26 (January-March) as lower consumer prices following GST cuts support recovery, according to a report by Systematix Research.