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Lower GST rate to benefit auto sector, boost domestic sales: Crisil
Updated : 5 months, 2 weeks ago IST
Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.
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UP students, housewives thank PM Modi for reducing GST rates during Navrat
Updated : 5 months, 2 weeks ago IST
Speaking to ANI, Swati Gupta, a housewife in Aligarh, expressed her happiness over the prime minister's decision to reduce GST during Navratri, as these new rates will be levied from September 22 this year.
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"Will enable all small and large businesses to operate with great stabilit
Updated : 5 months, 2 weeks ago IST
Delhi Chief Minister Rekha Gupta on Thursday praised the GST council's decision to cut Goods and Services Tax (GST) rates, and said it will help all small and large businesses to operate with great stability.
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Industry welcomes GST rate cuts, says it will boost economy, exports and l
Updated : 5 months, 2 weeks ago IST
Industry associations and trade bodies across sectors have welcomed the Goods and Services Tax (GST) rate cuts announced by the government. Speaking to ANI, representatives from various sectors stated that the reforms would make the Indian industry more competitive and directly benefit consu
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GST rate rationalisation to boost consumer electronics market: Dixon Techn
Updated : 5 months, 2 weeks ago IST
Sunil Vachani, Chairman of Dixon Technologies, has hailed the recent GST reforms as "path-breaking", predicting a major boost for the consumer electronics sector.
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GST cut on dairy products will encourage wider adoption of milk products:
Updated : 5 months, 2 weeks ago IST
The government's recent move to reduce Goods and Services Tax (GST) rates on dairy products has been welcomed by the country's leading dairy cooperatives, which said the step would encourage wider adoption of milk products and support millions of farmers.
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"Significant and substantial step": BJP leader Dilip Ghosh hails GST refor
Updated : 5 months, 2 weeks ago IST
The 56th GST council meeting decided to rationalise GST rates to two slabs of 5 per cent and 18 per cent by merging the 12 per cent and 28 per cent rates.
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Auto sector welcomes GST rate cut, urges Centre to focus on electric vehic
Updated : 5 months, 2 weeks ago IST
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
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GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 5 months, 2 weeks ago IST
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to significantly boost consumption in the coming months, coinciding with the onset of the festive season.
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GST rate cuts to lift India's GDP by 0.2-0.3% in FY26; stronger push forec
Updated : 5 months, 2 weeks ago IST
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.
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"Will help each and every family of the country": Union Minister Ashwini V
Updated : 5 months, 2 weeks ago IST
Vaishnaw said that the new GST tax slabs will be effective from the first day of Navaratri, and rates have been reduced for almost every item which is used in the lives of middle-class families.
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Cement and steel GST rate cuts to boost real estate, as it accounts for ne
Updated : 5 months, 2 weeks ago IST
The central government's decision to reduce the Goods and Services Tax (GST) on cement and steel has been hailed as a game-changing move by leaders from the real estate industry.
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