The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
New Delhi [India], September 5: India's wellness economy is going through a fascinating shift, where skincare is no longer about occasional indulgence but an everyday necessity. The rising humidity, pollution, and relentless pace of urban life have pushed consumers to seek dermatologist-appr
South Korea's biggest home appliance makers, Samsung Electronics and LG Electronics, unveiled their strategies for artificial intelligence in homes at Europe's largest home appliance fair on Thursday, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
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
Uttarakhand Chief Minister Pushkar Singh Dhami greeted all the teachers of the state on the occasion of Teachers' Day. On this occasion, the Chief Minister, while paying homage to former President, educationist and philosopher Dr. Sarvepalli Radhakrishnan, said that teachers are the true
Former New Zealand run machine Ross Taylor is set to represent Samoa at the upcoming Asia-East Asia-Pacific T20 World Cup 2026 Qualifier in Oman to push their cause of scripting a maiden appearance for them in next year's global event.
Under the state scheme, the Chief Minister has approved Rs 4.49 crore for road construction work, including hot mix interlocking tiles and drain construction in internal routes of Turner Road, Post Office Road and Mohbbewala in Dharmpur assembly constituency of Dehradun district.
Indian stock benchmarks had a bumper opening bell Thursday, expectedly so, pushed by massive next-generation GST reforms brought in overnight, sparking investors' interest in the markets. As the day progressed, the indices, however, slid down and closed the day somehow marginally higher t
The next-generation Goods and Services Tax (GST) reforms, announced after the GST Council meeting on Wednesday, have received strong praise from industry leaders and experts, who, in a united voice, asserted that such bold measures will strengthen economic growth, push investments, and ease
The Centre's decision to rationalise GST rates to two slabs - 5% and 18%, applicable from September 22, 2025, is expected to boost the country's GDP by 0.2-0.3% in the financial year 2025-26, according to Bank of Baroda economist Sonal Badhan.