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Nifty 50 may touch 28,000 due to GST rationalisation; a growth-accretive r
Updated : 7 months, 1 week ago IST
The Indian stock markets could see a major boost over the coming year as the government's move to rationalize Goods and Services Tax (GST) is expected to lift growth and sentiment.
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Govt fiscal deficit may widen by 0.2% due to GST changes, but growth gains
Updated : 7 months, 1 week ago IST
The government's fiscal deficit could see a short-term increase due to proposed changes in the Goods and Services Tax (GST) structure, but the growth boost is expected to outweigh the temporary slippage, according to a report by Emkay Research.
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Small cars may get cheaper by 8% if GST reduced from current rate: HSBC Re
Updated : 7 months, 1 week ago IST
The prices of small cars in India could see a reduction of about 8 per cent if the government decides to bring down the current Goods and Services Tax (GST) rate from 28 per cent to 18 per cent, according to a report by HSBC.
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Fiscal cost of proposed GST rate rationalisation to be manageable: Report
Updated : 7 months, 1 week ago IST
The fiscal cost of the government's proposed Goods and Services Tax (GST) rate rationalisation will remain manageable, according to a UBS report, which estimates the revenue loss to be about Rs. 1.1 trillion annually, or 0.3 per cent of GDP.
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Upcoming GST reforms improve India's outlook for consumption, demand: Morg
Updated : 7 months, 1 week ago IST
In the Independence Day speech from the ramparts of the Red Fort, Prime Minister Narendra Modi announced upcoming next-gen GST reforms before Diwali so as to benefit consumers, small industries and MSMEs.
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GST rationalisation to boost consumer sentiment and drive demand: Report
Updated : 7 months, 1 week ago IST
The government's recent decision to rationalise Goods and Services Tax (GST) rates is likely to ramp up domestic demand and lift consumer sentiment, according to a report by Centrum Institutional Research.
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Nifty, Sensex rally in opening trade on GST cuts and S&P sovereign rating
Updated : 7 months, 1 week ago IST
Indian stock markets opened with a strong rally on Monday as investor sentiment improved following the government's announcement of GST cuts and the sovereign rating upgrade for India by S&P Global.
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Next-gen GST reforms set to bring double benefits for citizens: PM
Updated : 7 months, 1 week ago IST
"For us, reform means the expansion of good governance," said the Prime Minister, emphasising that continuous focus is being placed on reforms. He made the marks during the inauguration ceremony of two major National Highway projects worth a combined cost of nearly Rs.11,000 crore in the nat
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"Fear of defeat in Bihar elections": Congress' Harish Rawat takes potshot
Updated : 7 months, 1 week ago IST
"Congress has been saying from the beginning that its (GST) slabs are unjust, and Rahul Gandhi had even called it the Gabbar Singh Tax. Today, the Prime Minister has realised that with the Bihar elections approaching, fearing defeat, he felt that the GST slabs should be reduced... Our opi
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"Purchase of fertilisers, pesticides might get exemption": Bhupinder Singh
Updated : 7 months, 1 week ago IST
"They have proposed two slabs: one 5 per cent and the other 18 per cent. Still, there are multiple slabs till 28 per cent. Eighteen per cent applies to fertilisers and pesticides. So, it might get an exemption in this decision. However, there won't be much in it. We will see when the full sc
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TN CM Stalin express concern on 50% tariff by US, urges PM Modi to fix GST
Updated : 7 months, 1 week ago IST
Tamil Nadu Chief Minister MK Stalin on Saturday expressed concern about the 50 per cent tariffs announced by the US on India, stating that this will hit the state harder than most states as their exports are deeply tied to the US market.
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PM Modi's GST reform push wins industry praise
Updated : 7 months, 1 week ago IST
Prime Minister Modi's announcement of sweeping GST reforms has received significant praise from the industry and business community.
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