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Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Cri
Updated : 5 months, 2 weeks ago IST
The reduction in GST rates is forecast to drive a 200 basis points (bps) upshift in two-wheeler demand and a 100 bps increase for PVs, the report added.
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GST reform will supercharge Indian economy: Rice Exporters' Federation's D
Updated : 5 months, 2 weeks ago IST
The recently announced next-generation Goods and Services Tax (GST) reforms will significantly benefit India's agriculture sector, particularly the rice industry, Indian Rice Exporters Federation's Vice President, Dev Garg, said.
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Nirmala Sitharamam says she will personally monitor whether GST benefits b
Updated : 5 months, 2 weeks ago IST
Finance Minister Nirmala Sitharaman has promised that she will personally monitor the passing on of GST rate cuts by the businesses to the consumers.
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GST reductions to boost cooperatives, farmers, rural enterprises
Updated : 5 months, 2 weeks ago IST
The sweeping GST reforms unveiled this week will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase the income of cooperatives, the Ministry of Cooperation has said.
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Mahindra offers reduced GST benefits on ICE SUVs starting today
Updated : 5 months, 2 weeks ago IST
According to the automaker, ICE (Internal Combustion Engine) models like the XUV3XO (Diesel) see the most substantial savings, with a benefit of up to Rs 1.56 lakh, as the GST rate drops from 31 per cent to 18 per cent.
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New GST rates, coming into effect this Navratri, to boost economy: Ashwini
Updated : 5 months, 2 weeks ago IST
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.
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GST reforms most positive for footwear, quick restros, FMCG, grocery retai
Updated : 5 months, 2 weeks ago IST
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.
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GRB Dairy Foods Welcomes GST Reform
Updated : 5 months, 2 weeks ago IST
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
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USIBC lauds India's GST reforms, calls it a boost for business and investm
Updated : 5 months, 2 weeks ago IST
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.
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GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 5 months, 2 weeks ago IST
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.
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FM Nirmala Sitharaman explains motive of GST reforms, says "focus will be
Updated : 5 months, 2 weeks ago IST
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.
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The Future of Generic Medicine Retail in India
Updated : 5 months, 2 weeks ago IST
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
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