The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
Global financial services firm Bernstein also echoed similar sentiments to those of several other experts that the sweeping GST rate cuts will boost India's consumption.
Bengaluru (Karnataka) [India], September 6: GRB Dairy Foods, one of India's most trusted names in dairy and traditional food products, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The company views this reform as a pivotal move to
In a statement, USIBC praised the rationalisation of GST slabs and reduction in tax rates across key sectors, including food, healthcare, life-saving drugs, renewable energy, and electronics.
NLC India Limited (NLCIL), a Navratna CPSE under the Ministry of Coal, has once again reaffirmed its leadership in sustainable mining and operational excellence, with all its operating mines receiving prestigious Star Ratings from the Ministry of Coal for 2023-24.
Quoting the Prime Minister, CM said that, after parents, teachers had the greatest influence on a child's mind. He highlighted the bond between teacher and student as one of affection rather than blood and urged teachers to shape the future generation by contributing to the vision of a Viksi
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.
Shiv Sena (UBT) leader Aaditya Thackeray on Friday slammed the Modi government, saying that GST rationalisation was a "bad decision being corrected" and instead of being apologetic, it is "arrogantly being marketed as a gift".
The recent rationalisation of Goods and Services Tax (GST) is set to bring both relief and challenges across India's key sectors, according to the ICRA press release. However, in the oil and gas sector, the move could increase pressure.
Union Finance Minister Nirmala Sitharaman on Friday announced that the foremost priority of the government is to ensure that the benefits of the GST tax reforms reach all the common people of the country.
Ahmedabad (Gujarat) [India], September 5: India's pharmacy and healthcare sector has emerged as one of the most dynamic industries in the world, driven by a growing population, increasing healthcare needs, and rising demand for affordable medicines. With a market valued at over Rs. 2 lakh cr
Mumbai (Maharashtra) [India], September 5: Companies are starting to plan for the long-term effects of a shifting global landscape, even as they brace for continued rate volatility and potential supply chain reconfigurations in the near term. A new DBS report titled New Realities, New Possib