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"Big Diwali gift for every Indian": Industrialist Harsh Goenka on GST rate
Updated : 9 months ago IST
Industrialist Harsh Goenka has called the recent Centre's decision to slash and rationalise Goods and Services Tax (GST) rates under the NextGen GST framework a "big Diwali gift" for every Indian. The government has slashed GST on daily essentials, healthcare, education, and farming input
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"Phenomenal milestone": Industry associations welcome Next-gen GST reforms
Updated : 9 months ago IST
Several industry associations have welcomed the Centre's move to rationalise GST rates to two slabs of 5 per cent and 18 per cent.
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"WELCOME but TOO LATE": Chidambaram on GST reforms; questions Centre's mov
Updated : 9 months ago IST
In a post on X, Chidambaram said the current GST design and rates should not have been introduced in the first place, adding that the opposition had repeatedly warned against these issues for years, but their pleas were ignored.
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"Powering Aatmanirbhar Bharat": Ashwini Vaishnaw lauds PM Modi for GST ref
Updated : 9 months ago IST
Union Health Minister JP Nadda said that the reduced tax rates will enhance ease of living and help families manage costs.
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Anand Mahindra calls for 'more reforms to unleash consumption, investment'
Updated : 9 months ago IST
His remark came following the government's announcement of sweeping reductions in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agricultural inputs, and electronic appliances.
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Diwali bonanza for consumers: Centre slashes GST rates across sectors, hun
Updated : 9 months ago IST
Next-generation GST reforms, as announced by Prime Minister Narendra Modi from the ramparts of Red Fort on August 15, represent a strategic, principled, and citizen-centric evolution of a landmark tax framework, which will enhance the quality of life of every last citizen, the press release
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GST Council gives nod to rationalisation of four-tier structure into citiz
Updated : 9 months ago IST
There is a special de-merit rate of 40 per cent for a select few goods and services.
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We said compensation cess should be increased, but Centre did not agree: P
Updated : 9 months ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inputs,
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Next-gen GST reforms: Relief across sectors for Indians; check what all it
Updated : 9 months ago IST
The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation.
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Manjinder Singh Sirsa announces relief for industries, slams AAP at Delhi
Updated : 9 months ago IST
"It is a historical decision that now licenses need not be procured from MCD. There were discussions, and we took this historical decision. The industry's rate was at least twice that of the residential area, and now we have reduced it to 1.5 times," Sirsa said.
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"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 9 months ago IST
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
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Wide ranging reforms will improve lives of our citizens: PM Modi on GST re
Updated : 9 months ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
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