Mumbai (Maharashtra) [India], September 18: As India's economy continues to expand, driven by rising consumption, increasing disposable incomes, and growing demand supported by lower interest rates, the country's leading companies--sector leaders--are uniquely positioned to capitalise on the
GST 2.0 is set to almost triple the share of items taxed at 5 per cent, rising from 54 consumption categories under GST 1.0 to 149 categories under GST 2.0, as per a recent study by FICCI CASCADE. For rural households, the share of exempt and merit goods in their consumption basket will rise
Indian stock markets opened on a strong note on Thursday as investors welcomed the U.S. Federal Reserve's decision to cut interest rates by 25 basis points.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.40 per cent to 4.15 per cent, effective from Thursday, 18 September.
Shah said, "People of Delhi, Diwali and Navratri will be coming soon. Everything you use will now have a GST rate of 0% and 5%, instead of the previous rates of 28% and 18%. I want to tell the mothers and sisters of Delhi that they should be more dominant at home and start shopping more from
The rationalization of GST rates across the renewable energy value chain from 12 per cent to 5 per cent will bring down the cost of clean energy projects, making electricity more affordable and directly benefiting households, farmers, industries, and developers.
The petitioners, including several hotel associations, had challenged the levy of a uniform Use Factor (UF-10) and the maximum 20 per cent tax rate, arguing that the classification of hotels on the basis of voluntary star ratings lacked statutory backing and unfairly burdened establishments
Festive season, cultural demand, and GST reforms could boost gold jewellery buying in India even as the yellow metal rates are at record highs, Mirae Asset Mutual Fund has said in a report.
Indian stock markets opened on a positive note on Wednesday, supported by easing geopolitical tensions and optimism around a possible US Federal Reserve rate cut.
India's e-commerce logistics market is set to expand rapidly, outpacing the overall industry with a compound annual growth rate (CAGR) of 16 per cent by FY30, according to a report by JP Morgan.
With this win, Bangladesh retain their second spot in the group with two wins and a loss, total of four points. Sri Lanka is at the top with two wins in two matches. With a win and loss each, Afghanistan stays at third spot. If Afghanistan beat Sri Lanka in the final Group B clash, all three
Shares in Taiwan closed at a new high Tuesday as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) set a closing record after major U.S. indexes finished at all-time highs overnight on hopes the U.S. Federal Reserve will soon kick off a rate cut cycle, Focus Taiwan reported, c